Bangkok--30 Apr--PLA Communication
HE Ahmed Bin Abdulnabi Macki, Chairman of Oman Air, announced that after Oman Air repositioned itself from being a regional carrier to a truly international airline, the authorized capital of Oman Air has been increased from RO 300 million to RO 500 million. As per the recent data released by IATA, 2009 was one of the most difficult years for the airline industry in which the airlines collectively lost in excess of $ 11 billion. Globally passenger travel contracted by 3.5 % while cargo movement declined steeply by 10.1%. The industry is expected to show improved results in 2010 as passenger travel is picking up especially in the premium cabins.
It will however take time for the business to return to the levels seen before the economic crisis. Financial results of Oman Air too were impacted by adverse economic conditions. Going forward Oman Air will commence additional 8 flights to Kuala Lumpur, Kathmandu, Dar-Es-Salaam, Islamabad, Lahore, Ras Al Khaima, and Al Ain in the summer schedule of 2010, with Milan joining the network in the Winter Schedule.
The Minister added in his report, His Excellency Macki also said that during 2009, Oman Air added 28% capacity with the addition of 5 Boeing 737s, 4 wide bodies aircrafts and 5 long haul destinations, namely, Paris, Frankfurt, Munich, Male and Colombo. Our new A330s replaced the wet leased operations on the London and Bangkok routes. However, the sales and distribution network supported by all our teams at the Commercial Division will have to remain fully focused in their efforts and fulfill new services, menu, and new officers’ uniform to achieve demanding passenger which is the main heart of Oman Air. The Minister concluded.
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