This opportunity opened yesterday and will be available until 21 June.
A telephone information line has been established to assist staff and details have been posted on the airline's staff website. Welfare and counselling services are available for staff, should they require them.
The airline has also decided to reduce the number of expatriates in its non-flying operations. The majority of these departures will occur in accordance with the expatriates' personal contracts. The staff affected will be informed personally over the next two weeks.
The Chairman of Gulf Air Board of Directors, Mahmood Kooheji reaffirmed this morning that pilots and cabin crew shall not fear for their jobs. "We need and value all of them," he said.
This confirmation came as Mr Kooheji announced that an improved pay package for Gulf Air pilots has been developed and will be presented to the Gulf Air Board next Wednesday.
Bahraini and Omani employees have the choice of:
Cash only
Three months' salary plus one month salary for each complete year of service.
Or, for staff with more than 10 years service in Gulf Air, the option to choose
Cash and benefits
• Six months' salary plus one month pay for each full five years of service,
• A one-time contribution to the GOSI pension plan (maximum contribution of five years, decreasing for employees aged 55-60 for male and 50-55 for female employees) and
• Health benefits for three years at the airline rate.
In any case, the maximum cash pay-out will not exceed the amount of the salary, which could be earned between now and retirement at 60 (for males) and 55 (for females), i.e., the employee will receive the lower of (i) the cash offered and (ii) the salary to retirement.
Each Bahraini and Omani employee will be eligible to apply, but acceptance or rejection will rest with the airline.
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Gulf Air announces early retirement package for Bahraini and Omani employees
- Bahrain: Tuesday, June 05 - 2007 at 08:42
- PRESS RELEASE
The Board of Gulf Air announced that Bahraini and Omani employees of the airline will have the opportunity to request an early retirement package.
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About Gulf AirFounded in 1950, Gulf Air, owned by the Kingdom of Bahrain and the Sultanate of Oman, is the only truly Pan Gulf carrier in the Middle East region.
The regional, geographic and cultural values that the airline has embraced over more than half a century are still central to defining its brand and service ethos.
Today the airline's network stretches from Europe to Asia and covers 47 cities in 30 countries. The fleet comprises 34 aircraft and has the distinct advantage of possessing the strongest network across the Middle East.
A platform for sustained commercial operation has been established over the past three years as part of a multi-phased turnaround programme. It has also provided a framework for a succession of innovative products and services including the unique Sky Chefs and Sky Nannies that form part of Gulf Air's 'smart airline, successful business' vision.
International recognition has been achieved as a result of the turnaround programme leading to numerous awards for the airline's innovative and high quality products and services: These include:
Best Onboard Catering in First Class 2006 (Sky Trax Awards)
Best Onboard Catering in Business Class 2006 (Sky Trax Awards)
Best Business Airline 2006 (British Travel Awards)
Best Onboard Service 2006 (Gold) (Mercury Awards)
Best Onboard Catering in First Class 2005 (Sky Trax Awards)
Best Onboard Catering in Business Class 2005(Sky Trax Awards)
Best designed in-flight magazine 2005 (American Creativity Awards)
Middle East Leading First Class Airline 2005 (World Travel Awards)
World's Leading Airport Lounge 2005 (World Travel Awards)
Middle East region's best airport restaurant for its restaurant in Bahrain International Airport lounge 2005 (PAX International Readership Awards)
Middle East & North African Platinum Best Airline 2004 (MENA Travel Awards)
Most Improved Airline 2004 (Skytrax Awards)
Middle East First Class Airline (Arabian Business Awards)
Best new product launch for in-flight services (PAX international Readership Awards)
Best First Class Onboard Food 2004 (Skytrax Food Category)
Best Business Class Check-in 2004 (Skytrax Check-in Category)
Official Airline and Sponsor of the Gulf Air Bahrain Grand Prix 2008
For further information please contact:
GULF AIR PRESS OFFICE
T: +973 17 338821
F: +973 17 338207
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, June 05 - 2007 at 08:42 UAE local time (GMT+4)
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