The airline’s new Board of Directors formed committees for the restructure. Image: RagMag

Gulf Air has passed a resolution to form an Executive Restructuring Committee to oversee implementation of an accelerated sustainability strategy.

Gulf Air’s newly-appointed Board of Directors highlighted the significant role the national carrier plays in maintaining Bahrain’s independent destination status and the need for long-term development, Bahrain News Agency reported.

The Executive Restructuring Committee will monitor the spending of the funding granted by His Majesty King Hamad bin Isa Al Khalifa in association with the Audit Committee and Governance Committee.

“The formation of these committees demonstrates our commitment to support Gulf Air and transform it into an airline that serves the people and economy of Bahrain, contributing to its growth and diversity,” His Excellency Shaikh Khalid bin Abdullah Al Khalifa said.

Gulf Air provides aviation links to key regional and global markets; supporting the Kingdom of Bahrain’s economy and helping to attract investment.

The Board of Directors of Mumtalakat Holding BSC were appointed as the airline’s new Board of Directors.