Oman Air continues to grow amid economic challenges, says CE
Challenging economic conditions facing Oman Air in recent years are likely to continue, but the carrier will continue to invest in improvements, CE Paul Gregorowitsch said. Expansion was continuing against a backdrop of shrinking financial support from the govt, overcapacity and infrastructural constraints. Oman Air is steadily scaling up operations, with its fleet expected to grow to around 70 aircraft by 2020. The carrier has been consistently loss-making in recent years as it continued to expand. Gregorowitsch said the airline had “achieved important progress” over the past 2 years and he was optimistic about the future “despite substantial economic challenges.” The company’s fleet expansion program has already made significant progress, he said. Since Jan 2015, its fleet has grown from 35 to 45 aircraft. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-29/unaligned/oman-air-continues-to-grow-amid-economic-challenges-says-ce
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Oman Air continues to grow amid economic challenges, says CE
Challenging economic conditions facing Oman Air in recent years are likely to continue, but the carrier will continue to invest in improvements, CE Paul Gregorowitsch said. Expansion was continuing against a backdrop of shrinking financial support from the govt, overcapacity and infrastructural constraints. Oman Air is steadily scaling up operations, with its fleet expected to grow to around 70 aircraft by 2020. The carrier has been consistently loss-making in recent years as it continued to expand. Gregorowitsch said the airline had “achieved important progress” over the past 2 years and he was optimistic about the future “despite substantial economic challenges.” The company’s fleet expansion program has already made significant progress, he said. Since Jan 2015, its fleet has grown from 35 to 45 aircraft. <br/>
