The new chief of Bahrain’s Gulf Air said they may cut loss making routes and renegotiate aircraft orders to end their dependence on their sole shareholder, the Bahrain sovereign wealth fund – Mumtalakat. Samer Majili, who last month left Royal Jordanian to become chief executive of Gulf Air, said all options were being considered as part of a wide review of the struggling company’s business plan. He said “Gulf Air is currently not sustainable and is receiving subsidies, which could otherwise be invested in other parts of the national economy.”
Gulf Air has been trying to end several years of losses and stop the quick succession of chief executives since James Hogan left for Etihad Airways in 2006. Gulf Air was initially created as a regional airline and their network has generally remained unchanged for several years. Abu Dhabi manager of Orient Travel commented “What they have lacked is focus. You have to grow with the pace of the market.”
This gorgeous late 18th century mansion was home to a famed socialite of Cape Town. Today it serves as a museum and on display is an even more gorgeous collection of carpets, antiques, paintings and porcelain. The exhibits are stunning and there is a guide book available containing details pertaining to every piece. Timings: Tues- Thurs 9 A.M- 4 P.M Admission: R 5 Address: 35 Strand St...
Watson Road, Observatory Hill Tel: (02) 9217 0485. Fax: (02) 9217 0489. E-mail: observatory@phm.gov.au Website: www.sydneyobservatory.com.au Opening hours: Daily 1000-1700. Admission: Free; A$6 (day tour); A$15 (night tour); concessions available. ...
The Standard Bank Gallery is the home of the African art collection of the Standard Bank, and it has the highest quality local and international exhibitions in the city. Address: Corner of Simmons and Frederick Streets, City Centre Telephone: +27 (0)11 631 1889 Website: http://www.standardbankgallery.co.za/ Opening hours: Mon-Fri 0800-1630, Sat 0900-1300 ...
The oldest military was established in 1626 by King Christian IV. The old Citadel was refurbished and made into a church and a prison. According to tradition, tourists and local’s alike walk around these places before their The Day of Prayer (Store Bededag) and after the walk then eat a special kind of bread called “Hveder”. Address: Kastellet - The Old Citadel, 2100 Copenhagen Ø Busses: ...