Bahrain Air, the Persian Gulf country’s first privately owned airline, is “seriously” considering a merger with local competitor Gulf Air, al-Watan reported, citing Managing Director Ibrahim Al-Hamer.
Gulf Air Chief Executive Officer Samer Majali said at a press conference last week that a merger between the two airlines is possible as the country can’t afford the existence of both carriers, the daily newspaper said.
Bahrain Air will need to buy aircraft to meet contract terms of operating a 12-plane fleet should it win a license to operate in Saudi Arabia, al-Watan cited Alhamer as saying.
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