20.10.2010 - Bahrain's sovereign fund agrees to pump $1.06 bln into struggling state carrier Gulf Air

From AP: Gulf Air says the government of Bahrain is pumping more than $1 billion into the struggling carrier. The Bahrain-based airline said in an e-mailed statement Tuesday that the government raised the carrier's authorized share capital by 400 million dinars ($1.06 billion). Gulf Air says it's the first time the airline has been through a capital restructuring since Bahrain assumed full ownership in November 2007..............................................Full Article: Source

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