Oman Air boosts revenue by 30% and cuts losses by 36% by 2023 via transformation plan, introducing fixed fares and optimizing flight destinations.
Oman Air saw a 30% increase in revenue and a 36% reduction in net losses by 2023, thanks to its ongoing transformation plan. The national carrier introduced fixed fares for citizens on flights between Muscat and Salalah, and did not obtain any additional bank loans or government guarantees. The airline aims to promote domestic tourism and has optimized flight destinations for the 2023 winter season.
March 30, 2024
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