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Gulf Air: USD 75 million from an international group of investors

Manama, Bahrain - The investment was necessary after the from the society of Qatar and United Arab Emirates

The Persian Gulf’s carrier, Gulf Air, is going to receive an "aid" of USD 75 million from an international group of investors. The financial participation was necessary after the exit from the capital by Qatar and United Arabian Emirates. The current property is between Oman and Bahrain now. "Despite of some difficulty, due to the increase of oil price and to local competition, we did a lot of progress t...

AVIONEWS - World Aeronautical Press Agency - 135342
Rome, Italy, 02/02/2006 19:00
AVIONEWS - World Aeronautical Press Agency

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