Gulf Air CEO Hogan resigns

Gulf Air announced President and CEO James Hogan will leave the carrier later this year. Hogan, who joined the airline in May 2002, said it was his decision. Two months ago, he reported that Gulf Air faced an BHD80 million ($204.5 million) deficit as fuel costs outstripped revenue (ATWOnline, May 10). Upon his arrival, Hogan introduced the Project Falcon turnaround plan, which helped return the carrier to profit in 2004. The next phase of its development, dubbed Smart Airline, Successful ...