Gulf Air Cargo Division sets 2005 strategy
- Bahrain: Thursday, April 28 - 2005 at 14:05
- PRESS RELEASE
Gulf Air Cargo Managers and General Sales Agents from the Gulf, Middle East and North Africa (MENA) region met at the Hilton Hotel in Bahrain to discuss and address issues of mutual interest and concern.
During 2004 Gulf Air Cargo significant changes were implemented in the running of the cargo and mail operation, and the cargo division Gulf Air Cargo was restructured and established as a separate unit. Performance improved significantly and the division ended the year ahead of budget, recording revenue of BD 53.3 m (USD 141.4 m), an increase of 20.4 pc over 2003.
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Gulf Air was founded in 1950. Today, it is owned by the Kingdom of Bahrain, Oman and the Emirate of Abu Dhabi and is the only truly pan Gulf carrier in the region. The airline's network stretches from Europe to Asia and covers 44 cities in 30 countries. The fleet is one of the most modern in the Middle East and comprises 34 aircraft.
The airline is in the last year of a three-year strategic recovery programme, headed by President and Chief Executive, James Hogan. The airline, which is making rapid strides towards regaining profitability in 2005, aims to further evolve by taking its renowned cultural strengths, which have been gained over more than half a century, into a global environment.
The dramatic turnaround in Gulf Air's fortunes has won international recognition. In January 2004, The Centre for Asia Pacific Aviation (CAPA) presented the airline with the prestigious Airline Turnaround of the Year Award for 2003. Gulf Air was also the recipient of the 2003 Platinum Award for the Best Airline in the Middle East and North Africa, recognising the airline's commitment to service excellence.
Winner - Middle East and North African Platinum Best Airline Travel Award 2004
Winner - Skytrax Most Improved Airline Award 2004
Winner - Skytrax Best First Class Onboard Food Category 2004
Winner - Skytrax Best Business Class Check-in Category 2004
Official Airline and Sponsor of the Gulf Air Bahrain Grand Prix 2005
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Posted by Anne-Birte Stensgaard, Senior News Editor



