Oman Air’s losses down 21% to OMR86m
Oman Air reported a loss of OMR86m (US$223.37m) for 2015, marking a 21.2% drop from the losses reported in 2014, as revenues rose 14% to reach OMR466m. The airline said Sunday it carried 6.3m passengers in 2015 — up from 5.1m the previous year. Capacity also rose to 20.5b ASKs, with an average seat factor of 71.4%. During the year, Oman Air saw the arrival of 9 aircraft including the airline’s first 2 Boeing 787-8 Dreamliners and Boeing 737s. The airline launched 3 new destinations; Singapore, Goa and Dhaka, and added frequencies to some of its existing routes. “The fall in oil prices has been mirrored by a fall in aviation fuel prices…enabling us to reduce the company’s losses.” There is, however, a darker side to the fall in oil prices, namely the impact on the economy of the Sultanate of Oman. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-03-21/unaligned/oman-air2019s-losses-down-21-to-omr86m
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Oman Air’s losses down 21% to OMR86m
Oman Air reported a loss of OMR86m (US$223.37m) for 2015, marking a 21.2% drop from the losses reported in 2014, as revenues rose 14% to reach OMR466m. The airline said Sunday it carried 6.3m passengers in 2015 — up from 5.1m the previous year. Capacity also rose to 20.5b ASKs, with an average seat factor of 71.4%. During the year, Oman Air saw the arrival of 9 aircraft including the airline’s first 2 Boeing 787-8 Dreamliners and Boeing 737s. The airline launched 3 new destinations; Singapore, Goa and Dhaka, and added frequencies to some of its existing routes. “The fall in oil prices has been mirrored by a fall in aviation fuel prices…enabling us to reduce the company’s losses.” There is, however, a darker side to the fall in oil prices, namely the impact on the economy of the Sultanate of Oman. <br/>
