Gulf Air, privatisation move

Gulf Air may look at ways to privatise after the board gave the airline the go-ahead to assess options, according to President James Hogan. Speaking via live webcast about the airline's 2004 financial results Hogan said that the airline is leaner and more flexible and that there is a strong argument for privatisation to re-equip the airline to compete effectively in the region, reported Gulf News. [AMEInfo.com]

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Posted April 25, 2005

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