Investor Presentaiton
Dear Shareholders,
This letter is being printed as we are facing one of
the most challenging times in the business world
and specifically in our industry. The worldwide
lockdown as a result of the COVID-19 pandemic
and the uncertainty surrounding it created an
unprecedented halt to travel operations to a level
never experienced in the past. I feel confident in
the way GAP's management and Board reacted to
the changing times by ensuring that our company's
financial position remains solid, our employees stay
healthy and our business model adapts to the new
health and travel standards in our industry.
Our business model has proven to be resilient
during these trying times. GAP is in a solid financial
position, with ample financial liquidity and limited
upcoming maturities enabling us to maneuver these
challenging times.
As local and international travel picks up, our
business will benefit from increased traffic. Our
Letter from
Cleffers
JR CHAIRWOMANView entire presentation