Gulf Air achieved outstanding half-year results for the first half of 2019 comparing to the same period in 2018 with a higher seat load factor as well as the number of carried passengers. The results further compliment the launch of the airline’s boutique strategy, announced in January 2019, to focus on positioning itself in catering to a more premium niche market. The growth of capacity and the increase of destinations, frequencies and fleet has shown a strategic expansion in the half-year results with a 77.4% load in seat factor and a record number of 3.2 million passengers; in comparison to 74.3% seat load factor and 2.6 million carried passengers in first half of 2018.
Earlier in the summer, Gulf Air started operations to its new seasonal destinations Malaga in Spain and Salalah in Oman. The summer season also witnessed strengthened frequencies in Gulf Air’s network with added flights to popular destinations; with further focus on corporate and premium leisure travelers. The airline launched its boutique business model concept in the beginning of 2019 and since then it has seen positive results in various areas of the business.
The airline plans on receiving a total of 39 new aircraft to form a fleet compromised of Boeing 787-9 Dreamliners, Airbus A320neos and Airbus A321neos.
Source: Gulf Air