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Gulf Air to re-open 'Voluntary Retirement Scheme'
- Bahrain: Monday, February 25 - 2013 at 04:41
Bahrain's Gulf Air has said it will be reopening the Voluntary Retirement Scheme (VRS) for employees offering an enhanced benefits package. The move follows a series of high-level discussions involving the airline's board of directors and management, members of parliament and the airline's trade unions on rightsizing the airline's manpower requirement as mandated in the restructuring strategy. MPs supported the re-opening of the scheme with additional benefits to the airline's employees to help the airline, as it works to align its manpower requirement to its new fleet and network and ultimately secure long term sustainability and the future of the national carrier, said the Manama-based airline.
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