Gulf Air faces a deficit of approximately BHD80 million ($211 million) despite "strong improvements" in key performance indicators during the first quarter because "revenue growth simply cannot keep pace with oil price rises," according to President and CEO James Hogan. "We are looking at a range of options to mitigate these additional costs. We are already seeing a more consistent application of fuel surcharges in all our markets," Hogan said. The airline said first-quarter unit revenues ...

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