Subscribe Free
in Business & Finance

Oman Air to be in new holding company

Posted 13 June 2016 · Add Comment

Oman's Minister of Transport and Communications, Dr Ahmed Al Futaisi, said the government is in the process of setting up a holding company whose assets will include Oman Air, the Oman Airports Management Company, and the soon-to-be-established Oman Air Navigation Services Company, reports ch-aviation.

No specific name or formal unveiling has yet been disclosed. 

Oman Air is in the process of spinning off its ancillary operations so as to focus on its core airline business.  At the moment, its cargo-handling operations have been transferred to Oman SATS Cargo LLC, a new joint venture with Singaporean-owned SATS Investments Ptd, while its ground-handling operations will partner Menzies Aviation to establish a new nation-wide presence.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

AMES on target for brighter future

Barbara Saunders reports as AMES prepares to fire up the Gulf's first commercial autoclave composite repair offering.

Emirates receives high-level Australian and Greek government delegations

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group, received two official government delegations from Australia and Greece at Arabian Travel Market, the region's largest travel industry event.

Etihad Airways A380 goes double-daily to Sydney

Etihad Airways has announced all 14 weekly flights on the popular Abu Dhabi – Sydney route will be operated with its flagship A380 aircraft, effective October 29.

TAV Airports announces €227 m in revenues in 1Q

TAV Airports Holding has announced its First Quarter 2017 EBITDA of EUR77 million and revenue of EUR227 million.

Emirates adds second A380 to Madrid

Emirates has said all its flights to Spain will be operated by the A380.

Travelport and Nesma Airlines announce new long-term agreement

Travelport and Nesma Airlines have announced the signing of a new, multi-year, full content agreement.

TAA SK 12MTHS16
See us at
EBACE17 BT0103240517Airport Show Dubai BT 2017AIME BT1204240118