close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Bahrain Air forced to shut down

Bahrain air blames unrest

Officials at the Ministry of Transportation could not be contacted for comment on Tuesday night.

0

February 13, 2013 10:59 by



Small carrier Bahrain Air said on Tuesday it was shutting down, blaming political unrest in the island kingdom and the government’s refusal to pay it compensation.

The privately owned airline, launched in 2008, has four planes and was flying to about a dozen destinations in the Middle East and south Asia.

It struggled to compete with Bahrain’s larger flag carrier, Gulf Air, and low-cost airlines in the region.

Bahrain Air’s business was hurt by pro-democracy protests that erupted in Bahrain two years ago, and although the government crushed those protests, scattered unrest has continued, weighing on the travel and tourism industries.

The airline said the government had broken a pledge to compensate it for the unrest and was now requiring it to make immediate payments on debts to the state, while the Ministry of Transportation was ordering it to cut back operations.

This caused a shareholders’ meeting to decide that Bahrain Air would immediately suspend operations and file for liquidation under local law, the company said in a statement on its website.

Officials at the Ministry of Transportation could not be contacted for comment on Tuesday night.

The minister of transportation, Kamal Ahmed, is a board member of Gulf Air, which has itself been struggling financially. Last November it cut its orders for new planes to shrink its debt.



0

Leave a Comment