Manama: Gulf Air, the national carrier of the Kingdom of Bahrain, recently released its August 2014 results which, following record summer travel demand, reflect a major turnaround month for the airline realising an almost break-even situation with operating losses of only BD42,000 and a bottom line of only BD200,000 net loss.
Alongside the dramatically enhanced financial results for the month of August, Bahrain’s national carrier recorded a higher seat factor while also delivering 25 percent higher revenue than last year.
The results follow recent positive developments implemented by the airline which saw its network enhanced in June of this year with the resumption of operations to Athens and permanent schedule increases on flights between Bahrain and Cairo (from 10 to 12 flights per week), since July 23, and between Bahrain and Kuwait (from 40 to 42 flights per week), since July 28 — all catering to high passenger demand.
Gulf Air’s Summer 2014 schedule also provided additional flights during the holiday season between Bahrain and the popular destinations of Istanbul, Larnaca, Amman, Beirut and Bangkok. In tandem the airline welcomed the arrival of its first revamped A330 product in July featuring fully-flat bed seats in the airline’s Falcon Gold Class, upgraded seats in Economy Class and a state-of-the-art in-flight-entertainment system throughout.
The Peninsula
