Gulf Air in Talks With Etihad Airways to Deepen Partnership

(Bloomberg) -- Gulf Air is in talks with Abu Dhabi’s Etihad Airways to deepen an existing codeshare agreement, the Bahrain carrier’s chief commercial officer said, as the airline seeks to expand its network and become the region’s boutique airline.

“The scope of a partnership with Etihad can include domains in which we might find strengths," Vincent Coste said on Sunday on the sidelines of the Arabian Travel Market in Dubai. The partnership might expand to include maintenance and cargo handling, but is currently focused on the codeshare, he said. That agreement began March 20, according to Etihad’s statement at the time.

The state-owned carrier, which flies five Boeing 787 jets equipped with Rolls Royce engines, isn’t facing issues with the Trent 1000 engine, Coste said, after Rolls recommended extra checks for excessive wear.

Gulf Air plans to continue flying the Boeing 787 and will get 10 more jets by 2020, he said.

Also said:

  • Gulf Air is in talks with airlines in the U.S. and India to forge codeshare partnerships.
  • Airline recorded 78 percent load factor in the first quarter and it increased to 85 percent in April.
  • Gulf Air will also receive 29 Airbus 320 and 321 variants by 2020.
  • The carrier denied that it’s undergoing a restructuring and said there are no plans to reduce headcount.

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