Oman Air plans to double contribution to national economy
The coming year will see continuing expansion of Oman Air’s fleet and network, as it seeks to increase its input to the Omani economy, the carrier will announce at its annual internal conference. The conference, which will be held Jan 19, will hear an update on the perennially loss-making carrier’s financial performance for 2016 and will discuss the outlook for 2017. Oman Air has been regarded by the country’s govt as an instrument of the national economy, notably in delivering tourists to the sultanate’s steadily growing tourism industry. It recorded a net loss of US$223m in 2015, the last full year for which figures are available, but has been slowly reducing its deficit in recent years. A restructuring program has been underway for some years and the airline is aiming for profitability by the end of 2017. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-19/unaligned/oman-air-plans-to-double-contribution-to-national-economy
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Oman Air plans to double contribution to national economy
The coming year will see continuing expansion of Oman Air’s fleet and network, as it seeks to increase its input to the Omani economy, the carrier will announce at its annual internal conference. The conference, which will be held Jan 19, will hear an update on the perennially loss-making carrier’s financial performance for 2016 and will discuss the outlook for 2017. Oman Air has been regarded by the country’s govt as an instrument of the national economy, notably in delivering tourists to the sultanate’s steadily growing tourism industry. It recorded a net loss of US$223m in 2015, the last full year for which figures are available, but has been slowly reducing its deficit in recent years. A restructuring program has been underway for some years and the airline is aiming for profitability by the end of 2017. <br/>
