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Bahrain now sole owner of Gulf Air

Saturday 06/05/2017 - Source: Gulf News

The Libyan government had earmarked 1.5 billion dinars (1.19 billion dollars) to update fleets of the two Airlines State-owned as well as the development and management services.

The government explained in a statement that the decision was made during a recent meeting of senior government officials and senior managers of one of the state-owned banks, and spend the amount allocated spent on update fleets Libya Airline and the African Airlines and the development of management and services in the two companies.

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