Gulf Air lays off 500 people
Published by Irhal
Bahrain-based Gulf Air has laid off about 500 people in the last six months, said Samer Majali, the chief executive of the airline, talking about its voluntary redundancy programme that was set up recently. Majali said that the people were laid off owing to various measures – temporary contracts were allowed to expire, a recruitment freeze was made and natural attrition was induced. "We have cut down our…
Loss-making Gulf Air was established as a regional airline but has struggled to find its niche after previous shareholders Oman, Abu Dhabi and Qatar gave up their stakes, partly to establish their own national carriers.
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