Posts: 864
Joined: Sun Sep 07, 2008 6:02 pm

Oman Air Sees $2.5mn Profit

Sat May 11, 2002 7:12 pm

From TradeArabia
Oman Air expects to achieve an operating profit of around RO1 million ($2.59 million) at the end of this year, local press reported.

Dr Hamad bin Hashim Al Dhahab, chairman of Oman Aviation Services Company. said the company was boosted during the past month due to new routes, adopting a new strategy and new medium-size aircraft, the Times of Oman reported.

Airline operator Oman Aviation Services made a RO 2.86 million ($7.4 million) loss in the first nine months of 2001 due to high maintenance expenditure.

The firm, which owns the national carrier Oman Air, posted a RO1.52 million loss in the same period last year.

The company's assets dropped to RO17.65 million in the nine months to September 2001 from RO20.3 million a year earlier, while its share capital of RO10.5 million was unchanged.

Great to see that Oman Air's restructuring is finally bearing it's fruits. I hope the same thing happens to Gulf Air.


Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos