Tuesday 8 May 2012

Bahrain's Gulf Air flying despite financial woes - CBS News

Bahrain's cash-strapped carrier Gulf Air says it will continue operating as normal despite failing to secure a financial aid package.

Government-owned Gulf Air said Tuesday it was disappointed that parliament rejected a proposal to recapitalize the carrier.

It says its funding requests have now been referred to the Shura council, the upper house whose members are appointed by the king.

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