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Gulf Air Group increases ownership stake in BAS to 44%

November 21, 2018 / Airport Technology

BAS provides ground handling services at Bahrain International Airport. It noted that proceeds will help the company expand to offer services to overseas airports.An agreement was signed by Bahrain Minister of Transportation and Telecommunications and Gulf Air Group Holding chairman Kamal bin Ahmed Mohammed, as well as BAS board of directors chairman Mohammed Jalal during the second day of the Bahrain International Airshow 2018. The increase in shareholding in BAS is in line with a heads of terms agreement. Under it, the company will continue to offer ground handling agent services for passengers, luggage, aircraft, and catering services to Bahrain International Airport until at least 2034.