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Bahrain Air confident of profit in 2009


With global financial uncertainty and a resurgent Gulf Air as its major competitor, Bahrain’s new LCC, Bahrain Air, could be excused for feeling a little nervous. However, its Managing Director, Ibrahim Al Hamer, is full of confidence for the carrier’s future, announcing in mid-Oct-08 that Bahrain Air is hitting its performance targets and is on track for break-even and profitability in 2009, only its second year of operations. Bahrain Air’s goal is to become the "most efficient and competitive airline in the region." [893 words]

Unlock the following content in this report:


  • Fuel drops and situation improves
  • Hitting performance targets

Graphs and data:

  • Crude Oil prices: 29-Feb-08 to 15-Oct-08
  • Middle East & Industry load factors: Sep-07 to Aug-08
  • Middle East & Industry RPK growth: Sep-07 to Aug-08
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