Gulf Air A320. Courtesy, Airbus Gulf Air (GF) has renegotiated its 2008 orders covering 20 Airbus A330s and 24 Boeing 787s, agreeing instead to take up to 24 A320s and a maximum of 16 787s (ATW Daily News, April 17, 2009). The Bahraini government recently approved a BD185million ($494 million) cash injection for GF (ATW Daily News, Oct. 15). At the time, it was suggested the deal could be conditional on a radical restructuring. “Airbus and Boeing have understood our ...

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