Bahrain Air reduces fleet plans, may seek to raise fresh capital
In mid Sep-2009, Bahrain Air announced plans to finalise the purchase this year of three Airbus aircraft, reducing the LCC’s initial purchase plans from four aircraft. The LCC, which currently operates a fleet of eight A320/A319 aircraft, cited the global financial downturn and a financing delay in the purchasing process as key reasons behind the move to trim the order.
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