The future of Bahrain-based Gulf Air will be decided at a board meeting on 29 May when the company's four shareholders, the governments of Abu Dhabi, Bahrain, Oman and Qatar, will decide on a proposed $272.5 million rescue package for the ailing airline. Qatar and Oman are reportedly opposed to further funding. The company plans a new strategy, involving the acquisition of new aircraft, dependent on funding.

Source: Flight International