
Carrier managed to cut down debt significantly in 2015
Bahrains national carrier Gulf Air has signed a contract with the Saudi Arabian subsidiary of Switzerland-based Swissport International for the provision of ground-handling services for the airline at Saudi Arabias three largest international airports.
Swissport Saudi Arabia will be operating Gulf Airs ground-handling services at King Khaled International in Riyadh, King Abdulaziz International in Jeddah and King Fahd International in Dammam.
Swissport International has brought in a sizeable number of ground support equipment and recruited an additional 250 experienced aviation staff, Gulf Air and Swissport said in a joint statement.
A key feature of the collaboration with Gulf Air will be a high degree of customer focus and innovation that we intend to bring to the operation, Thomas Bommer, Swissport Saudi Arabia CEO, said. The executive added that he sees great potential to expand the partnership in future.
State-owned Gulf Air currently maintains a fleet of 28 narrow-body and wide-body Airbus planes, with some 45 on order both from Frances Airbus and the US Boeing.
The airline has recorded heavy losses in recent years, but a decision by the government to restructure its operations has helped reduce its debt from $520m in 2012, when the restructuring began, to $64m in 2015.
You might also like...
Aldar and Mubadala acquire The Link Masdar City project
21 April 2026
Gulf Projects Index plateaus despite ceasefire
21 April 2026
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.
