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Gulf Air profit

Deena Kamel. April 26, 2018. April 26, 2018. SHARE. SHARE. Bahrain's. Despite a BD30 million ($80 million) cost to the business through fuel price rises during the year, Gulf Air recorded a profit of BD1.5 million ($4 million) in the calendar year to December 2004. Steps to include renegotiating orders for new aeroplanes. Please. According to financial statements issued by Bahrain Mumtalakat Holding Company - the country's sovereign wealth fund which owns the airline - Gulf Air made an operating loss of BD93.4m ($248m) in..

Si vous voyagez sur un vol opéré par Gulf Air, vous pouvez gérer et améliorer votre réservation, en sélectionnant des sièges, en mettant à jour vos contacts, plus beaucoup d'autres fonctionnalités pour faire de votre découverte de Gulf Air une expérience plus simple et plus enrichissant The Sharjah-based airline's first-quarter net profit stood at Dh34 million for the three months ending March 31, 2021. The company had posted a profit of Dh71 million in the first quarter of 2020 Phone. +973-17338668. Company Description. Gulf Air helps globe trotters find their way to the Persian Gulf, or, more precisely, to Bahrain and regions beyond. From its hub at Bahrain International Airport in Manama, the carrier serves more than 40 cities in more than 30 countries worldwide with a fleet of about 20 jet aircraft, mostly Airbus.

Exclusive: Gulf Air hopes for profitability in five years

IATA, Net profit of commercial airlines worldwide from 2006 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/232513/net-profit-of-commercial-airlines-worldwide. Cost efficiencies, optimised capacity management and strategized restructuring has resulted in Gulf Air's positive third quarter of 2013. The airline's operating results were 24% better than.

Gulf Air back into black, posts $4m profit - News

Sabre Airline Solutions consultants drive significant profit improvements at Gulf Air. Published June 4th, 2006 - 12:02 GMT. Business consultants from Sabre Airline Solutions have helped Gulf Air. Eng. Kamal bin Ahmed Mohammed, Bahrain's Minister of Transportation and Telecommunications and chairman of Gulf Air Group Holding (GFG) said the airport reported a profit of $51 million (BD19.3) on last year, up 49 percent. The airport increased its revenue by 21 percent, to $135m (BD51m) thanks to a surge in cargo traffic We believe Gulf Air's pioneering legacy, which dates back to our establishment in 1950, will continue to positively shape our future. Gulf Air recently carried out a strategic 360 degree assessment of its business. This included looking into how the airline can best nurture and develop its network, fleet, product, workforce, customers and much more. At the event, Mr. Kučko unveiled the airline's new corporate strategy for 2018 and beyond, outlining its key pillars. They are: Safety. Gulf Air and Bahrain Air have both reported improving market conditions and stronger passenger numbers even though some regional instability remains and the two airlines face intense competition in local markets. Bahrain Air has even reported a couple of profitable months of operations, although neither carrier is in an enviable position. The two airlines are on decidedly better ground than. Gulf Air, the national carrier of Bahrain, may be paying up to seven times more to buy its jet fuel than some regional rivals - crippling its chances of ever making a decent profit, a report said

Gulf Air lays out plan for profits The Nationa

Regional carrier Gulf Air recorded profits of $35 million-40 million in 1993, president and chief executive Salim Bin Ali Bin Nasser Assiyabi said on 21 February. Assiyabi revealed that a full balance sheet would be released at the airline's board meeting, scheduled to be held in Al- Ain in late March. In 1992, the airline made profits of $49.2 million. Assiyabi made light of the threat posed. An airline alliance is an aviation industry arrangement between two or more airlines agreeing to cooperate on a substantial level. Alliances may provide marketing branding to facilitate travelers making inter-airline codeshare connections within countries. This branding may involve unified aircraft liveries of member aircraft. In 2015, Star Alliance was the largest with 23% of total scheduled traffic in revenue passenger miles /revenue passenger kilometres, followed by SkyTeam. The coronavirus-induced crisis has turned out to be much worse than the most pessimistic forecasts. In this context, Air Arabia reported a net profit of Dh34 million, which is indeed commendable Gulf Air Group Holding Chairman announces net profit of BD13 million for Bahrain Airport Company in 201 As a state-run company, Gulf Air is not obliged to release financial figures and has not done so since its annual results for 2015, which showed a net loss of BD24.1 million ($62.7 million), although Transportation and Telecommunications Minister, Kamal bin Ahmed Mohammed, said in summer 2017 that 2016 had not produced such good results as the previous year

Here are the reasons why hundreds of thousands of Visitors

Overshadowed: How The Gulf's Second-Tier Airlines Are

  1. Air India Express reported its highest-ever annual net profit of Rs Rs4.13 billion for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier
  2. Etihad reported its first full-year net profit in 2011, of US$14 million, in line with the strategic plan announced by CEO James Hogan in 2006. Equity Alliance. In December 2011, Etihad announced it had taken a 29.21% stake in Air Berlin, Europe's sixth-larges
  3. The loss was equivalent to almost 40 percent of Etihad Air's passenger revenue and more than 20 percent of its overall revenue of $8.36 billion. The company, which had a profit of $103 million a.
  4. Candidate Login - GulfTalent. Tell us your feedback. Submit. Thank you for your Feedback. Something went wrong
  5. The International Air Transport Association (IATA) - a trade body for the airline industry - has predicted a slump in profits among Middle East airlines this year, saying in its latest report.
  6. Air Arabia reported a profitable first-quarter 2021 despite COVID-19's continued impact on the aviation's industry financial and operational performance. The low-cost carrier posted a net profit of AED 34 million for the three months ending March 31, 2021, which is a 52 per cent drop compared to the same period in 2020 (AED 71 million)
  7. Read more about Asset Sales Form Most Of Gulf Air 1997 Profits on Business Standard. Asset Sales Form Most Of Gulf Air 1997 Profits

SOUTHLAKE, Texas--(BUSINESS WIRE)--June 5, 2006--Business consultants from Sabre Airline Solutions have helped Gulf Air realize financial benefits of more than US$30 million over an 18-month period. The 'no gain, no fee' consulting engagement, agreed in the third quarter of 2004, involved changes in five areas of the airline's operation. The.. Bahraini sovereign fund Mumtalakat swung back into profit in 2013 because of an improved performance at Gulf Air and lower impairment losses, it said on Wednesday. The fund, fully owned by the Bahraini state but run on a commercial basis, made a net profit of BD82.7 million ($219 million) in 2013 compared with a net loss of BD181.7 million in the previous year, a statement to R said Air Arabia earned a net profit of Dhs83 million ($22.6 million), up from Dhs77.5 million in the same period last year, the airline said in a statement. The earnings fell short of estimates of.

Press Releases Gulf Ai

  1. Air Arabia 2015 profit slides, passenger numbers increase. Low cost carrier saw profit decline 13 per cent in Q4. by Robert Anderson. February 7, 2016 Sharjah-based airline Air Arabia posted a 6.
  2. Gulf News. Singapore Air profit almost triples Net income rose to S$256.6m in the three months ended in June from S$91.2m a year earlier 2016-07-29 - Singapore Airlines Ltd reported first-quarter profit almost tripled as lower oil prices reduced costs and the company benefited from the sale of a stake by its subsidiary. Net income rose to S$256.6 million ($190 million) in the three months.
  3. Новинки Gulf Air: обновленный парк, новый логотип, новые направления. На OTM: Winter 18/19 2018 год для Gulf Air стал годом изменений: авиакомпания рада презентовать новые направления и обновленный парк. А в.

Sun Country Airlines turns a first-quarter profit. Ultra-low-cost carrier (ULCC) Sun Country Airlines has reported a net income of $12.4 million for the first quarter of 2021. Total operating revenue was $127.6 million. Passenger scheduled service fares brought the airline $54.6 million, while ancillary fees raked in another $23.8 million America's airlines are consolidating, passenger numbers are growing, especially in Asia, and forecasts suggest that global profits could hit nearly $20 billion in 2014, with margins of 2.6%. Emirates' three main competitors are all struggling to reach profitability in the medium term, with each applying its own strategy to do so Clean Gulf Associates, Inc. (also called Clean Gulf or CGA) is a non-profit oil spill cooperative dedicated to the Gulf of Mexico's exploration and production (E&P) industry as well as the public it serves, by providing continuous coverage, state-of-the-art equipment, and expert personnel to assist our members in mitigating marine incidents and protecting natural ecosystems

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Air Arabia posts 52% drop in first quarter profit

Gulf Aviation Academy and Go Air Sign a long Term Training Agreement. Gulf Aviation Academy announces signing an agreement with Go Air, a domestic airline based in India, to offer A320 pilot training services at its facilities Read More View All. Courses. 4500. Number Of Trainees. 1400. Number Of Courses. 32. Ongoing Courses . 50. Type Of Courses. Testimonials - Savio Agviar . Very. Gulf News. Air Arabia profit jumps 345% to Dh115m BUDGET CARRIER'S PASSENGER TRAFFIC GROWS 58% IN FIRST SIX MONTHS TO 1.23M 2007-07-25 - Staff Report Sharjah-based budget carrier Air Arabia yesterday reported a 345 per cent jump in net profits to Dh115 million during the first six months of the year, up from Dh26 million logged for the first six months of last year, a statement said. Air Traffic Drivers _____ 22 1.3. Passenger Traffic Trends _____ 32 1.4. Air Cargo Traffic _____ 72 operating profits, RPKs and passengers. Low Cost Carriers' share of total 2015 passenger volumes may stand below 20%, but compared to 2014, this presented a 3% growth. The growth of megahub airports in the Gulf region continued the fastest Executive Summary . 8 376608/ITD/Aviation/1/F.

That represents a net profit per passenger of $3.51 and a net margin of 2.3%. The region is showing very diverse performance. Accounting for about 40% of global air cargo traffic makes the region the most exposed to weakness in world trade, and that, combined with higher fuel costs, is squeezing the regions' profits Friday, June 11, 2021. Bahrain News; Banking & Finance. Central Bank of Bahrain; Islamic Banking; Bahrain Bours This leaves national oil companies such as Saudi Aramco with the opportunity to reclaim market power, earn vast profits, and shift the center of oil and gas production back to OPEC. It also points. Qatar Air Defies Gulf Sanctions, Trump Stance With New Routes By . Deena Kamel. June 11, 2017, 2:56 PM EDT Updated on June 12, 2017, 11:22 AM EDT CEO 'disappointed' in U.S. stance on Saudi-Led.

GULF AIR B.S.C. (C) Company Profile Muharraq, Bahrain ..

Air France reported a Q3 profit margin of 11 percent, with KLM at 18.5 percent. That compares with an operating profit margin of 18.1 for the Lufthansa brand and 21.5 percent for British Airways America's foreign balance swung from a $23.4 billion deficit in the fourth quarter of 1990 to a $10.2 billion surplus in the first quarter of 1991. The gulf crisis either triggered or aggravated. KLM Royal Dutch Airlines i Gulf Air, nacionalna aviokompanija Kraljevine Bahrein, potpisali su sporazum o zajedničkom korištenju ili codeshare partnership što znači da svaka od kompanija za neke od svojih letova stavlja kod druge kompanije (zrakoplovnu oznaku leta), počevši od 27. listopada 2019

Net profit of airlines worldwide 2006-2021 Statist

Gulf Air restructuring strategy results in profit

After years of uninterrupted and speedy growth, the Gulf carriers are hitting turbulence. Taken in isolation, falling profits and waning sales should be of no great concern to these industry. Delta Air Lines sees the momentum behind 6.5% quarterly revenue growth continuing throughout the year, Chief Executive Ed Bastian said, citing strong domestic demand that drove an increase in its full-year profit forecast Air Arabia P JSC and its subsidiaries Consolidated financial statements for the year ended 31 December 2016 Contents Independent auditors' report Consolidated statement of financial position Consolidated income statement Consolidated statement of profit or loss and other comprehensive income Consolidated statement of changes in equit

Новости компании Авиакомпания Gulf Air на Profi

Samsonite Koffer Preise vergleichen und günstig kaufen bei idealo.de 1.119 Produkte Große Auswahl an Marken Bewertungen & Testbericht Average salaries for Gulf Air International Flight Purser: $4,327. Gulf Air salary trends based on salaries posted anonymously by Gulf Air employees Search Non profit jobs in Gulf Breeze, FL with company ratings & salaries. 367 open jobs for Non profit in Gulf Breeze Air Products profit misses expectations as COVID-19 and weather weigh, but sales beat forecasts Published: May 10, 2021 at 7:23 a.m. E Thai Airways has service to 35 countries and popular destinations including Germany and more. Plan your trip and book your flight online

Emirates, Gulf Air post profits Travel Industry News

Average salary for Gulf Air Flight Attendant in Bahrain: 900. Based on 3 salaries posted anonymously by Gulf Air Flight Attendant employees in Bahrain Trexlertown's Air Products reported Monday a fiscal second-quarter profit of $473.1 million, or $2.13 per share, down from $477.8 million or $2.15 a share in the same period a year ago

Turkish Airlines financial highlights: 2Q2014 and 1H2014 versus 2Q2013 and 1H2013. Source: Turkish Airlines Turkish Airlines: Strengths 1. Geography: hub and home market are well positioned. Turkey has one of Europe's highest populations (75 million inhabitants), but is relatively underpenetrated by air travel by comparison with the larger countries in Western Europe Find vacation rentals, cabins, beach houses, unique homes and experiences around the world - all made possible by hosts on Airbnb The most recent violation began two weeks before the Deepwater Horizon sank into the Gulf: Over a 40-day period the plant spewed 538,000 pounds of toxic chemicals into the air, including 17,300. The Gulf Coast Ecosystem Restoration Council was created under the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act) (title I, subtitle F of Public Law 112-14.)Established as an independent entity, the Council is charged with developing a comprehensive plan for ecosystem restoration in the Gulf Coast.

Gulf Air, Bahrain's state-owned carrier, took delivery of the world's first aircraft to be fitted with communications and entertainment technology that allow passengers to watch live TV, receive text messages and access social-media networks such as Facebook and Twitter. The airline's 'Sky Hub' system cost millions of dinars, said Samer Majali, Gulf Air's chief executive officer. Manama, Kingdom of Bahrain: Gulf Air, the national carrier of the Kingdom of Bahrain, celebrated its inaugural flight to Santorini in Greece as flight GF034 was welcomed into Santorini International Airport with a water cannon salute and, upon arrival, a number of airport officials joined the airline's flying crew for commemorative photographs. Before departing from Bahrain International. Air India Express has been given permission recently to acquire 3 new aircraft. We will soon be floating tenders for acquisition of them, the Air India Express executive, who did not wish to be identified, told Arabian Business. The fleet expansion will be used to expand our operations in the Gulf sector, the airline executive added Goedkope Gulf Air Vluchten Bij eDreams©. De Laagste Prijs Gegarandeerd

Gulf Air profite de son nouveau hub de Bahreïn

Budget carrier Air Arabia, the UAE's only publicly-listed airline, reported a 26% rise in third-quarter net profit yesterday Threats are emerging to the success story of the Gulf carriers, including increases in airport charges across the Gulf States and growing air traffic management delays. Latin American carriers: Latin American airlines are expected to post a net profit of $200 million, which is slightly lower than the $300 million forecast for 2016 Current and historical gross margin, operating margin and net profit margin for Gulf Resources (GURE) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Gulf Resources net profit margin as of March 31, 2021 is -22.43% The Saudi Basic Industries Corporation (SABIC) announced today, Thursday, that it recorded a net profit of 4.86 billion riyals (1.3 billion dollars) in the first quarter of the year, attributing this to an increase in the average selling prices of products, compared to a loss in the same period a year ago

Airlines worldwide - profit and loss 2004-2021 Statist

  1. Thursday, May 27, 2021. Bahrain News; Banking & Finance. Central Bank of Bahrain; Islamic Banking; Bahrain Bours
  2. The Gulfstream Difference. For more than 60 years, we've delivered on our promises. Each advancement we make is an investment in you. Together, we keep rising. We're driven by our endless pursuit of excellence. We boldly anticipate your future needs, elevating aviation to an art form
  3. Also in this programme: Alexandre de Juniac is stepping down as Chief Executive of Air France-KLM in August. He's led the carrier through painful cost-cutting and oversaw a return to profit in 2015

Sabre Airline Solutions consultants drive significant

  1. Air Products And Chemicals gross profit for the quarter ending March 31, 2021 was $0.757B, a 0.04% increase year-over-year. Air Products And Chemicals gross profit for the twelve months ending March 31, 2021 was $2.973B, a 3.3% decline year-over-year. Air Products And Chemicals annual gross profit for 2020 was $2.998B, a 1.86% increase from 2019
  2. 28.02.2016 Gulf International Bank B.S.C announces a 5.6 per cent increase in full year profit to $90.4 million. 22.02.2016 GIB UK's Emerging Markets Opportunities Fund announces a 6.11% return for 2015. 14.02.2016 Sanabil Investments Acquires 20% Stake in Almana General Hospitals
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  4. Wir beschäftigen uns mit einer großen Auswahl an internationalen Fluggesellschaften - Lufthansa, Emirates, Qatar Airways, Gulf Air, Turkish Airlines, Jet Airways India und Ariana Etc. Unsere langfristige Beziehung mit diesen großen Fluggesellschaften haben wir nicht nur die normalen Preise, sondern spezielle Angebote. Wir haben einen hohen Standard an Kundenservice und sind verpflichtet.
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Increased traffic at Bahrain International sees profit

New findings reveal future combat air programme... Press release. 25 May 2021. Press release. 20 May 2021. Rolls-Royce awarded UK MOD contract to strengthen support for key Royal Navy programmes Rolls-Royce awarded UK MOD contract to strengthen... Press release. 20 May 2021 . Press release. 19 May 2021. The Cooperation Council for the Arab States of the Gulf (Arabic: مجلس التعاون لدول الخليج العربية ‎), originally (and still colloquially) known as the Gulf Cooperation Council (GCC, مجلس التعاون الخليجي), is a regional, intergovernmental political and economic union that consist of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab. Tackling air pollution and toxic chemicals. News and blogs. Take action: Support bold investments in sustainable infrastructure. Blog post. Biden's American Jobs Plan is smart climate policy. Here's why. Derek Walker. Vice President, U.S. Climate. Latest updates. A climate breakthrough for investor accountability Blog post; Heat, fire, smoke and blackouts: How to live with our new reality.

We're sorry but Webpack App doesn't work properly without JavaScript enabled. Please enable it to continue Alarmed by Gulf airlines carving out a large slice of the lucrative India-US air traffic, American Airlines Inc., United Airlines Inc. and Delta Air Lines Inc. have teamed up for damage control. CBO issues treasury bills worth OMR218.4 million. Muscat: Oman's central bank raised OMR218.4 million by way of allotting treasury bills on Tuesday.The treasury bills are for a maturity period.

Gulf airlines look to fight back after turbulence hits profits Published Sun, Nov 12 2017 4:34 AM EST Updated Sun, Nov 12 2017 4:33 AM EST David Reid @davyreid7 Gulf Air. فتح قائمة الترجمة أغلق قائمة الترجمة القائمة إغلاق مرصد الاعمال و حقوق الانسان . English العربيّة. Gross Margin. Net Margin. Pre-tax, Pre-stock compensation Operating Margin. Pre-tax Unadjusted Operating Margin. After-tax Unadjusted Operating Margin. Pre-tax Lease adjusted Margin. After-tax Lease Adjusted Margin. Pre-tax Lease & R&D adj Margin. After-tax Lease & R&D adj Margin

Air Arabia Posts Modest Profit In Face Of Epidemic. Gulf LCC Air Arabia is voicing cautious optimism for the near future after unveiling a profitable 2021 first quarter (Q1). At a time when the. Shares of Air Products & Chemicals Inc. slumped 2.3% in premarket trading Monday, after the industrial gases company reported a fiscal second-quarter profit that came up short of expectations. Qatar Airways says its net profits rose to $540 million in its latest financial disclosure before the airline took a hit and was blocked from flying to major Arab states The Gulf War 1. The Gulf War By: Alyssa Martin Mrs. Crowder 4 th . Bush the authority to use military force. January 15, 1991 Deadline passes for Iraqi to withdrawal. January 16, 1991. Air campaign begins against military leadership targets in Kuwait and Iraq (concentrating on Baghdad). February 24, 1991. Desert Storm begins as coalition ground forces drive on Iraqi forces in Kuwait. Werden Sie Miles & More Teilnehmer und sammeln Sie am Boden und in der Luft wertvolle Meilen. Jetzt Karte beantragen

gulf air unveils strategy and plans for 2018 and beyond

  1. AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD Norwegian low-fare airline Norwegian Air Shuttle (Norwegian) reported on Thursday (9 February) an operating profit (EBIT) of NOK24.8m on total revenue of NOK1.97bn for the financial year January-December 2005
  2. Air Arabia PJSC's expansion could see the biggest discount carrier in the Persian Gulf and North Africa order 100 narrow-body planes worth $11 billion at list prices before the end of the year
  3. ate public health concerns around the COVID-19 pandemic, as well as the significant costs associated with holding.
  4. The coastal ocean observing system in the Gulf of Maine was deployed in the summer of 2001. The system operated a real-time data buoy array that collected oceanographic and meteorological measurements in a 24/7 operation at as many as 11 locations in the Gulf of Maine (GoM). The data return of the GoM sensor array has averaged approximately 90% over its first decade of operation. In addition.
  5. Estimated profit has also been reduced as a result of Hurricanes Gustav and Ike, which cut short-term demand from U.S. Gulf Coast customers and drove temporary increases in operational costs, the.

World · 10:11 PM UTC Far apart at first summit, Biden and Putin agree to steps on cybersecurity, arms control. U.S. President Joe Biden and Russian President Vladimir Putin agreed on Wednesday to. Budget carrier Air Arabia, the United Arab Emirates' only publicly-listed airline, reported a 26 per cent rise in third-quarter net profit on Sunday. The Sharjah-based firm made a net profit of Dhs297m ($80.9m) in the three months to September 30, the company said in a statement. This compares with a profit of Dhs235m in th

Vodafone Qatar maintained its growth trajectory in the first quarter of the year, reporting a net profit of QR66mn for the three months that ended in March, representing an increase of 38% year-on. 25 Environmental Non-Profits. 1. Sierra Club. The Sierra Club was formed in 1892 and is among the oldest conservation organizations. It has more than 1.3 million members, and is one of the most effective and powerful organizations when it comes to enforcing changes in the corporate and political America To expand its international portfolio, low-cost carrier SpiceJet has signed a memorandum of understanding (MoU) with Bahrain-based Gulf Air to explore greater cooperation, including an interline. DUBAI: Air Arabia said it would adopt further cost control measures after reporting a 52 percent fall in first quarter net profit to 34 million dirhams ($9.25 million) Revenues fell by more than a. Gulf Air, one of the region's oldest airlines, came close to ceasing operations shortly after new CEO James Hogan arrived in May 2002. Now it is in the first year of a three-year strategic recovery with backing of its three owners, Bahrain, Abu Dhabi and Oman, who are putting $238.7 million into it in new capital. The fourth member, Qatar, has withdrawn, unconvinced Gulf Air can be rescued

Add in the early release of a supposedly dying terrorist

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OPEN AIR MARKETS, INC. has been set up 7/25/1994 in state FL. The current status of the business is Inactive. The OPEN AIR MARKETS, INC. principal address is 913 GULF BREEZE PARKWAY, UNIT 6, GULF BREEZE, FL, 32561. Meanwhile you can send your letters to 913 GULF BREEZE PARKWAY, UNIT 6, GULF BREEZE, FL, 32561. The company`s registered agent is FLEMING DAVID L 913 GULF BRREZE PARKWAY, GULF. Mapping surface currents near the Gulf Stream using the Air Force over-the-horizon-radar Abstract: During nine days in 1993 and 1994, the authors pointed the Air Force OTH-B radar in Maine southward to illuminate a 240,000 km/sup 2/ ocean area off the Carolina coast to test the feasibility of mapping radial surface currents. In the past, ionospheric motions have masked the effects of ocean. Another Gulf resident and advocate calling for Biden to enact the bans is Melanie Oldham of Citizens for Clean Air and Clean Water in Freeport, Texas—a community she notes is facing two oil export projects, the Sea Port Oil Terminal and Texas GulfLink Kimberly Amadeo. Updated July 06, 2020. On January 16, 2018, BP PLC announced it would take a $1.7 billion charge for expenses related to the 2010 Deepwater Horizon oil spill. It expects cash payments of $3 billion for the year. As of July 14, 2016, BP had spent $61.6 billion in court fees, penalties, and clean-up costs. 1 

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