Loading
16-Sep-2015 8:56 AM

Gulf Air reports best annual results since 2004

Gulf Air reported (15-Sep-2015) its strongest financial results in a decade in 2014, with annual losses reducing from BHD93.3 million (USD247.5 million) in 2013 to BHD62.7 million (USD166.3 million) in 2014. The airline also reported a 15.4% increase in revenue passengers. Commenting on the result, chairman Shaikh Khalid bin Abdulla Al Khalifa said: "Gulf Air 's 2014 performance reflects a steady and continued improvement in its financial and operational business with targeted efforts to maintaining the airline's strategic direction that ultimately encouraged solid customer growth, enhanced global bookings and a resultant marked improvement in financial and operational results." [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More