The 64th meeting of the Gulf Air Board of Directors, held in Qatar Saturday, discussed a number of projects and decisions to strengthen the role of the airline in the market, reported Bahrain Tribune.
The meeting came out with a number of recommendations, including the one calling for establishing a finance committee to study the company’s external auditor’s proposal to increase its capital. The committee will present a report to the ministers for approval. The meeting discussed the company’s final accounts for the year 2000, the sale and re-leasing of four A321 planes, and the company’s future plans, according to the daily.
The carrier is jointly owned by Bahrain, Oman, Qatar and Abu Dhabi (UAE) – Albawaba.com
