Revenue increase helps Gulf Air find the black

Despite a 30 million dinar ($79.6 million) increase in fuel expense for the year, Gulf Air reported a net profit of 1.5 million dinars for 2004, a complete turnaround compared to a net loss of 19.9 million dinars in 2003. Revenue rose 23.8% to 476.3 million dinars on a 27% jump in passenger revenue...

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