Samer Majali is to step down as CEO of Gulf Air at the end of 2012 after three years with the airline.
“The board of directors of Gulf Air announced today that it has accepted the resignation of the CEO, Samer Majali, submitted earlier this year following the appointment of the Gulf Air board of directors in mid-November,” Gulf Air said in a statement.
Majali, who joined Gulf Air in 2009, has been heading an ambitious restructuring. The airline hasstruggled in recent years due to spiking fuel prices and the Arab Spring political uprisings, which severely cut passenger traffic on several regional sectors.
He also recently renegotiated Gulf Air’s 2008 aircraft orders covering 20 Airbus A330s and 24 Boeing 787s, agreeing instead to take up to 24 A320s and a maximum of 16 787s.
Gulf Air operates 38 aircraft and connects 46 cities in 28 countries.
“The board of directors of Gulf Air announced today that it has accepted the resignation of the CEO, Samer Majali, submitted earlier this year following the appointment of the Gulf Air board of directors in mid-November,” Gulf Air said in a statement.
Majali, who joined Gulf Air in 2009, has been heading an ambitious restructuring. The airline hasstruggled in recent years due to spiking fuel prices and the Arab Spring political uprisings, which severely cut passenger traffic on several regional sectors.
He also recently renegotiated Gulf Air’s 2008 aircraft orders covering 20 Airbus A330s and 24 Boeing 787s, agreeing instead to take up to 24 A320s and a maximum of 16 787s.
Gulf Air operates 38 aircraft and connects 46 cities in 28 countries.
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