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Gulf Air Group Reports Strong 2024 Performance Across Subsidiaries
Gulf Air Group Reports Strong 2024 Performance Across Subsidiaries

Bahrain News Gazette

time18-02-2025

  • Business
  • Bahrain News Gazette

Gulf Air Group Reports Strong 2024 Performance Across Subsidiaries

Manama: Bahrain's Gulf Air Group (GFG) reported its 2024 performance, highlighting achievements in passenger traffic, network expansion, and strategic initiatives across its subsidiaries: Gulf Air, Bahrain Airport Company (BAC), and Gulf Aviation Academy (GAA). The group's efforts have reinforced Bahrain's aviation sector and contributed to the Kingdom's economic growth. According to Bahrain News Agency, Gulf Air expanded its network by introducing new seasonal and structural routes, resulting in a 5.4% increase in passenger numbers, reaching 6.2 million in 2024 compared to 5.9 million in 2023. The airline added new destinations, including AlUla in KSA, Shanghai and Guangzhou in China, Mykonos/Rhodes in Greece, Geneva in Switzerland, and Munich in Germany, while resuming services to Baghdad and Najaf in Iraq. Gulf Air also increased flight frequencies to key destinations such as Doha, Muscat, Manchester, Milan, Rome, and Singapore. The fleet was strengthened with two new A321NEO aircraft, bringing the total to 42. Gulf Air signed 23 partnership agreements and expanded its codeshare network to 20 partners, including a new agreement with Azerbaijan Airlines and an expanded partnership with Thai Airways. Bahrain Airport Company (BAC) recorded a 7.3% increase in passenger traffic, welcoming 9.4 million passengers in 2024 compared to 8.7 million in 2023. Cargo handling saw an 11.2% increase, reaching over 390,000 tonnes. Flight movements totaled over 98,000. BAC launched the first phase of the Express Cargo Village, enhancing cargo handling capabilities. BAC's network grew with the addition of Fly Jinnah, Iraqi Airways, and Ajet. The company received industry recognition with awards, including a 5-Star Skytrax rating for the fourth consecutive year and accolades at the 2024 Aviation Achievement Awards. Gulf Aviation Academy (GAA) achieved significant milestones, including a partnership with Riyadh Air for cabin crew training and ANAC accreditation from Brazil. GAA introduced B737 and B787 Full Flight Simulators and partnered with Embry-Riddle Aeronautical University for advanced training. The academy earned ISO 9001:2015 certification and an 'Outstanding' rating from Bahrain's Education and Training Quality Authority. GAA also expanded its regional presence with a training agreement with Dammam Airport Company (DACO).

Gulf Air passenger numbers soar 5.4% to 6.2m in 2024
Gulf Air passenger numbers soar 5.4% to 6.2m in 2024

Trade Arabia

time17-02-2025

  • Business
  • Trade Arabia

Gulf Air passenger numbers soar 5.4% to 6.2m in 2024

Gulf Air Group (GFG), Bahrain's aviation group, achieved significant growth in 2024 in passenger traffic, network expansion, and strategic initiatives, underscoring its commitment to strengthening Bahrain's aviation sector and contributing to the kingdom's economic growth. The group on Monday reported its 2024 performance across subsidiaries: Gulf Air, the national carrier of Bahrain; Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA); and Gulf Aviation Academy (GAA), the group's training arm. The report said Gulf Air added six new destinations to its roster in 2024: AlUla in Saudi Arabia (seasonal), Shanghai and Guangzhou in China, Mykonos/Rhodes in Greece (seasonal), Geneva in Switzerland (seasonal), and Munich in Germany. The airline also resumed services to Baghdad and Najaf in Iraq, and increased flight frequencies to key destinations including Doha in Qatar, Muscat in Oman, Manchester in the UK, Milan and Rome in Italy and Singapore further solidifying its global reach. This strategic growth resulted in a 5.4% increase in passenger numbers, reaching a total of 6.2 million passengers in 2024 compared to 5.9 million in 2023. The airline also strengthened its fleet with the addition of two new A321NEO aircraft, bringing the total fleet size to 42. Building on its commitment to connectivity, Gulf Air forged 23 (new or renewed) partnership agreements with leading airlines. The airline also expanded its codeshare network to 20 partners, including a new agreement with Azerbaijan Airlines, and increased unique codeshare destinations by 10 through an expanded partnership with Thai Airways. Bahrain International Airport, managed and operated by Bahrain Airport Company (BAC), witnessed a surge in passenger traffic, welcoming 9.4 million passengers in 2024, with a 7.3% increase compared to 8.7 million passengers in 2023. Total flight movements reached 98,596, comprising 49,282 arrivals and 49,314 departures. Cargo operations also experienced robust growth, handling over 390,000 tonnes of cargo, an 11.2% increase compared to the previous year. This strong performance was complemented by the commencement of the first phase of the Express Cargo Village, which is projected to reach 1.3 million tonnes of cargo capacity annually, up from the current 360,000 tonnes, further enhancing BIA's cargo handling capabilities. BAC also expanded BIA's network by welcoming Fly Jinnah, Pakistan's leading low-cost carrier, to its growing network, as well as Iraqi Airways and Ajet. The company's commitment to excellence was recognised with prestigious industry awards, including the coveted 5-Star Skytrax rating for the fourth consecutive year, the "Airport Operator of the Year for Medium Size Airport" and "Aviation Sustainability Award" at the 2024 Aviation Achievement Awards, as well as the Skytrax "Best Airport Staff in the Middle East 2024" award. Gulf Aviation Academy (GAA) achieved significant milestones in 2024, solidifying its position as a leading aviation training provider. Key achievements include a partnership with Riyadh Air for cabin crew training, securing the validation certificate from the Brazilian National Civil Aviation Agency (ANAC), and the introduction of state-of-the-art B737 and B787 Full Flight Simulators. GAA also partnered with Embry-Riddle Aeronautical University to offer advanced training programs. Furthermore, GAA achieved ISO 9001:2015 certification and received an "Outstanding" rating from Bahrain's Education and Training Quality Authority for the third consecutive year, reaffirming its commitment to high-quality service delivery. It also expanded regional reach with a new training agreement with Dammam Airport Company (DACO). – TradeArabia News Service

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