Airline

Gulf Air Ownership To Be Transferred To Government

Bahrain Mumtalakat Holding Company, the investment arm of Bahrain, said it will transfer ownership of the kingdom’s national carrier, Gulf Air to the government  A statement released by Mumtalakat on Thursday evening explained that, “Given the strategic importance of Gulf Air to the national economy, the Bahrain government is the suitable owner of the airline.”    

Gulf Air was originally co-owned by Bahrain, Qatar, Oman and Abu Dhabi when it was founded in 1950.  Bahrain became the sole owner in 1970 after a series of national and international developments.  The airline has been in the process of carrying out a new restructuring program under the management of former Royal Jordanian airlines chief executive Sameer Al Majali who became Gulf Air chief executive officer on August 1, 2009.  Gulf Air management and Mumtalakat have been working to return Gulf Air to profitability as it deals with tough competition from state owned airlines in Qatar and the UAE, as well as regional low-cost airlines operating in Bahrain, Kuwait, and the UAE.
 

More Airline
Emirates launches service to London Stansted
Turkish Airlines launches "Year of Troy 2018”
Emirates to launch a daily service to Edinburgh from Oct 1
Latest Travel News
Emirates launches service to London Stan...
Turkish Airlines launches "Year of Troy ...
Warner Bros. World™ Abu Dhabi to open on...
Featured Sights To See
Burj Khalifa

Burj Khalifa

Dubai, United Arab Emirates

The Burj Kalifa is the tallest manmade structure on Earth, and is a must see for anyone visiting Dubai.  Quite literally – it’s hard to miss.  The $1.5 billion tower, part of the larger $20 billion Downtown Dubai Project, was completed in December 2009 after six years of construction.  It stands an astounding 828m tall, more than 200m taller than its closest rival, with 163 habitabl...

Abai’s Theater

Abai’s Theater

Almaty, Kazakhstan

Address: 110 Kabanbai Batyr Street, corner of Panfilov Street, Almaty Phone:  +7(727) 272 7934 +7(727) 2722042 Timings: shows are held several times during the week, depending on the season. Call in advance to find out the show timings, or visit to view the complete schedule on display Tickets: depends on nature and duration of performance. Generally inexpensive The National Stat...

Lahore Fort

Lahore Fort

Lahore, Pakistan

This fort is a magnificent structure and was crucial to the military strength of the Mughals who used it as their military headquarters. The Sikhs too, who ruled Lahore briefly, used the fort as part of their defense strategy. Inside the fort is a small museum showcasing the Mughal rule of Lahore with artifacts dating back to the era. Another gallery is dedicated to the Sikh rule of Lahore. There ...

Open Air Folk House Museum

Open Air Folk House Museum

Tokyo, Japan

This museum, located only half an hour away from Tokyo, is delightful. It showcases the architecture of the past rural Japan. The setting is beautiful; historic/traditional houses are perched amidst or atop of wooded hilly areas. The houses are simple and often comprise of thatched roofs. Interesting features of this museum include a gate to the home of a Samurai, a Kabuki stage and a water wheel ...