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FINANCIAL NEWS
Oman Air starts USD259m cost-cutting program
05 Jan 2015
(MENAFN) Oman Air announced that it has launched a major cost-cutting program that aims to decrease the carrier’s expenditure by 259.7 million over the next three years, Arabian Business reported.
The carrier said that the program is targeting cost reductions across all activities undertaken by the national carrier of the sultanate, adding that none of these reductions will affect the airline’s safety or service offered to passengers.
“We are determined and committed to reshape Oman Air to become a more modern business driven enterprise .Oman Air contributed almost OR420 million to the gross national product of the sultanate during 2014,” CEO of Oman Air said.
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