Oman Air

Muscat, Oman

Oman Air is the national airline of the Sultanate of Oman, providing scheduled passenger and freight services to various destinations around the globe. With a focus on quality service and premium offerings, Oman Air promotes Oman as a travel destination while also serving as a platform for international communication and connectivity.

CCI Score

28.32

-0.03% April 18

Latest Event

Oman Air Transformation Plan Reduces Losses

Oman Air's comprehensive restructuring plan, initiated in August 2023, achieved a 25% reduction in losses during 2023 by implementing strategic measures in financial sustainability, corporate governance, business operations, and human capital development. The transformation, announced by Eng Saeed al Maawali during a media briefing, focused on right-sizing the fleet, optimizing destination networks, and streamlining operations.

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DISSENTER

Oman Air is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

FEB

14

2024

Oman Air Transformation Plan Reduces Losses
35.56

Oman Air's comprehensive restructuring plan, initiated in August 2023, achieved a 25% reduction in losses during 2023 by implementing strategic measures in financial sustainability, corporate governance, business operations, and human capital development. The transformation, announced by Eng Saeed al Maawali during a media briefing, focused on right-sizing the fleet, optimizing destination networks, and streamlining operations.
+40

Business Practices and Ethical Responsibility

April 3

The transformation plan, which emphasizes enhanced corporate governance, financial sustainability, and human capital development, reflects a commitment to ethical business practices. Such initiatives improve accountability, efficiency, and ensure a more responsible operational structure. These reforms can be seen as a progressive step towards better management and transparency in a state-run enterprise.

Transformation plan helps Oman Air cut losses by 25% in 2023
DEC

31

2023

Oman Air Turnaround and Financial Improvement
21.07

Oman Air reported a significant financial turnaround at the end of 2023 with a 30% increase in revenues, a 36% decrease in net losses, and implemented strategic cost-control measures—including canceling non-essential sponsorships and introducing fixed, affordable ticket prices for key domestic routes—as announced by Transport Minister Said Hamood al Mawali during a media briefing.
+20

Public and Political Behavior

April 3

The public announcement by the national Transport Minister and the implementation of fixed affordable pricing for domestic routes underscores a commitment to serving public interest and enhancing consumer accessibility. These actions, communicated via an official media briefing, can be seen as fostering transparency and community support, which align with anti-authoritarian, progressive values.

Oman Air marks turnaround with 30% increase in revenues
+30

Economic and Structural Influence

April 3

The airline's turnaround—evidenced by improved revenue, reduced net losses, and operational efficiencies—reflects robust economic management and structural reform. The strategic overhaul, which avoids reliance on additional bank loans or government guarantees while optimizing route networks, has positive implications for sustainable economic stability and consumer affordability.

Oman Air marks turnaround with 30% increase in revenues