Oman Air reports strong Q1 2023 Performance

Image Credit: twitter @omanair
Image Credit: twitter @omanair

Muscat: Oman Air, the national airline of the Sultanate of Oman, has revealed some key highlights of its expected performance this year.

The total revenue forecast for 2023 is expected to be up 236% in 2023, compared to 128% in 2022 and -3% in 2021 

The number of passengers using the airline increased by 182% with revenues going up by 88%.

The forecasted net loss for 2023 is -56% compared to -35 in 2022 and -26% in 2021 

The forecasted cargo capacity of the airline increased by 160% in 2023 (bringing in an increased of 360% in revenues) , compared to 116% growth in 2022 and 33% in 2021. 

Oman Air also said that Omanisation level is 75% with 81% of pilots now locals, followed by Omani male crew 100%, engineers 90% and support employees 93%. 

A total of 155 new Oman employees joined the company in 2023, including 7 pilots, 63 cabin crew, 40 engineers and 45 support staff.

All flights reported an on-time performance of 96% as the airline operated to 44 destinations.

The fleet strength of the airline as per the agreements signed between 2011 and 2015 will be limited to 45 (10, A330s, 13 737s (Max), 13 737NG, and 9 Dreamliners), compared to 54 in 2022.

Here are the main points:

more recommended stories

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.