Thursday 30 October 2014
 
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Bail-out

Bahrain MPs threaten to veto Gulf Air bail-out

Bahrain MPs are threatening to veto a government bailout of Gulf Air unless their demands for annual payouts for Bahraini families are approved. Parliament was notified yesterday that the Cabinet had refused a proposal to pay families BD10

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Bahrain MPs resist aid plan for Gulf Air

Bahrain parliament's financial and economic affairs committee yesterday (April 16) recommended MPs reject a proposal to pump BD664.3 million ($1.76 billion) into Gulf Air to help revive its fortunes. Committee chairman Ali Al Durazi said t

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Politicisation 'hurting Gulf Air performance’

Politicisation of Gulf Air is hurting the national airline of Bahrain, and unless a credible survival blueprint is produced quickly, it could be too late, said a report. The government’s bail-out fund is getting bigger and bigger, but the

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