Gulf Air to Cut 450 Jobs by Year-End

Published October 28th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The President and Chief Executive of the Gulf Air, Ibrahim Al Hamer announced Saturday that the Gulf Air intends to reduce staff by 400 to 450 people by the year-end.  

“The aviation industry’s business in the last six weeks has suffered a colossal setback,” he said. 

Hamer was quoted by Bahrain Tribune as saying that “the worldwide decline in passenger traffic is around 20 percent. As far as overall employment is concerned, more than 10 per cent of the industry employees have lost their jobs worldwide.” 

Al Hamer said in the Gulf Air, over 110 applications for early retirement had been approved so far. “The target figure for staff reduction is 400-450 all over the network till the end of this year,” he said. 

“In the light of these circumstances, Gulf Air has also decided to reduce its fleet size from 32 to 26 aircraft,” Al Hamer said. 

According to the report, which was published Sunday, the company has discontinued flights to a number of destinations and others are under review – Albawaba.com

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