Gulf Air said it has cut its losses for the first half of the financial year by “more than 30%,” compared to the same period last year. It also said it increased revenue 10% compared to the first half of 2013, mainly through improved load factors and increasing levels of connecting traffic. The Muharraq-based carrier, as a state-owned company, does not normally divulge actual figures. “The first two quarters of 2014 have been critical in the national carrier’s recent, ...

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