Gulf Air A320. Courtesy, Airbus Bahrain-based Gulf Air will launch a major cost-cutting plan and focus increasingly on regional services. In a statement issued Tuesday, the carrier said it intends to strengthen its Middle East and North African (MENA) services, target 24% in cost savings by year end and simplify its fleet structure. The restructuring was foreshadowed by October’s announcement of a BD185 million ($494 million) government cash injection in the loss-making ...

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