Oman Air losses deepen in 2016

Credit: Rob Finlayson
Oman Air recorded a sharp deterioration in its financial position in 2016, making a net loss of RO129.8 million ($337.1 million) compared to RO86.3 million in 2015. Full-year revenue was up 1% at RO4.73 billion. Last year, the airline was operating in “an increasingly volatile, political and...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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