Company Insights Oman Air Aviation Oman Air News Analysis Aviation Qatar dazzles as Middle East aviation picks up pace The Middle East’s aviation sector is growing at twice the global rate and is expected to offer 257 million passenger seats this year, according to a new report. Not so long ago major airlines viewed the Middle East as a place to get cheap fuel on their way from Europe to South East Asia. Now […] May 8, 2024 Aviation Oman Airports profit up 45% in 2023 on higher revenue The combined net profit of Oman Airports surged 45 percent to OR18.5 million ($48 million) in 2023, compared to almost OR13 million in 2022. Consolidated revenue increased by 39 percent year on year to OR150 million last year, as subsidiaries reported higher income. Oman Airports Management Company generated over OR124 million, Oman Ground Handling contributed […] April 9, 2024 Aviation Revenue up at Oman Air but pressure still on, say experts Oman Air has posted increased revenues for the past year but the sultanate’s flag carrier still faces difficult times ahead, aviation industry experts say. The heavily indebted airline launched a restructuring process last August in an attempt to balance the books within the next four years. Oman Air’s net losses in 2023 fell by 36 […] April 2, 2024 Business of Sport Oman Air and Chelsea FC ‘terminate sponsorship deal’ A sponsorship deal between Oman Air and English Premier League club Chelsea FC has reportedly been terminated less than a year after it was signed. The three-year agreement was believed to be worth about £2 million ($2.5 million) a year and was announced last July. The partnership, which made the flag carrier the club’s global […] March 11, 2024 Aviation Oman Air 2023 losses down 25% on higher ticket sales State-owned Oman Air cut its losses by a quarter in 2023 as it streamlined expenditure and improved ticket sales, chairman Said Hamoud Al Ma’awali said. The airline is expected to see “good growth” in its financial performance by 2026 under its four-year transformation plan, state-run Oman News Agency reported, citing the top executive. No other […] February 15, 2024 Transport Oman Air cancels flights to South Asian cities Oman Air is cancelling flights to some South Asian cities as part of its transformation programme. The state-owned airline said the move is part of efforts to improve its financial performance and strengthen its position in a competitive market. Flights to Islamabad and Lahore in Pakistan, Colombo in Sri Lanka and Chittagong in Bangladesh will […] January 29, 2024 Opinion Aviation Gulf Air is battling for Bahrain’s skies Can another strategic turn really be successful? October 24, 2023 Opinion Aviation 2023: the year airlines said goodbye to the pandemic The Middle East is one of the regions leading the global aviation recovery September 25, 2023 Transport Oman Air set for operational overhaul as losses mount State-owned Oman Air will undergo a restructuring process to reduce ongoing losses and debt accumulation. The plan includes four main pillars: financial sustainability, corporate governance, commercial aspects and human capital. The airline’s board has approved the restructuring programme, state-run Oman News Agency reported, citing Said Hamoud Al Ma’awali, minister of transport, communications and information technology […] August 8, 2023 Business of Sport Oman Air signs sponsorship with Chelsea FC Oman Air has signed a three-year sponsorship deal to become the global airline partner of English Premier League football club Chelsea. The sultanate’s flag carrier is looking to capitalise on Chelsea’s international following. The partnership will include co-branded livery, joint promotional content and corporate social responsibility campaigns. Financial details around the deal were not disclosed. […] July 6, 2023 Posts navigation Previous 1 2 3 Next
Analysis Aviation Qatar dazzles as Middle East aviation picks up pace The Middle East’s aviation sector is growing at twice the global rate and is expected to offer 257 million passenger seats this year, according to a new report. Not so long ago major airlines viewed the Middle East as a place to get cheap fuel on their way from Europe to South East Asia. Now […] May 8, 2024
Aviation Oman Airports profit up 45% in 2023 on higher revenue The combined net profit of Oman Airports surged 45 percent to OR18.5 million ($48 million) in 2023, compared to almost OR13 million in 2022. Consolidated revenue increased by 39 percent year on year to OR150 million last year, as subsidiaries reported higher income. Oman Airports Management Company generated over OR124 million, Oman Ground Handling contributed […] April 9, 2024
Aviation Revenue up at Oman Air but pressure still on, say experts Oman Air has posted increased revenues for the past year but the sultanate’s flag carrier still faces difficult times ahead, aviation industry experts say. The heavily indebted airline launched a restructuring process last August in an attempt to balance the books within the next four years. Oman Air’s net losses in 2023 fell by 36 […] April 2, 2024
Business of Sport Oman Air and Chelsea FC ‘terminate sponsorship deal’ A sponsorship deal between Oman Air and English Premier League club Chelsea FC has reportedly been terminated less than a year after it was signed. The three-year agreement was believed to be worth about £2 million ($2.5 million) a year and was announced last July. The partnership, which made the flag carrier the club’s global […] March 11, 2024
Aviation Oman Air 2023 losses down 25% on higher ticket sales State-owned Oman Air cut its losses by a quarter in 2023 as it streamlined expenditure and improved ticket sales, chairman Said Hamoud Al Ma’awali said. The airline is expected to see “good growth” in its financial performance by 2026 under its four-year transformation plan, state-run Oman News Agency reported, citing the top executive. No other […] February 15, 2024
Transport Oman Air cancels flights to South Asian cities Oman Air is cancelling flights to some South Asian cities as part of its transformation programme. The state-owned airline said the move is part of efforts to improve its financial performance and strengthen its position in a competitive market. Flights to Islamabad and Lahore in Pakistan, Colombo in Sri Lanka and Chittagong in Bangladesh will […] January 29, 2024
Opinion Aviation Gulf Air is battling for Bahrain’s skies Can another strategic turn really be successful? October 24, 2023
Opinion Aviation 2023: the year airlines said goodbye to the pandemic The Middle East is one of the regions leading the global aviation recovery September 25, 2023
Transport Oman Air set for operational overhaul as losses mount State-owned Oman Air will undergo a restructuring process to reduce ongoing losses and debt accumulation. The plan includes four main pillars: financial sustainability, corporate governance, commercial aspects and human capital. The airline’s board has approved the restructuring programme, state-run Oman News Agency reported, citing Said Hamoud Al Ma’awali, minister of transport, communications and information technology […] August 8, 2023
Business of Sport Oman Air signs sponsorship with Chelsea FC Oman Air has signed a three-year sponsorship deal to become the global airline partner of English Premier League football club Chelsea. The sultanate’s flag carrier is looking to capitalise on Chelsea’s international following. The partnership will include co-branded livery, joint promotional content and corporate social responsibility campaigns. Financial details around the deal were not disclosed. […] July 6, 2023
