State-backed Oman Air is reportedly close to breaking even this year and may post its first profit next year. “We are going to hit our transformation target for 2025, which means that we should end the year significantly closer to being a breakeven company,” the airline’s chief commercial officer Mike Rutter told the Oman Daily […]State-backed Oman Air is reportedly close to breaking even this year and may post its first profit next year. “We are going to hit our transformation target for 2025, which means that we should end the year significantly closer to being a breakeven company,” the airline’s chief commercial officer Mike Rutter told the Oman Daily […]
Oman Air close to breakeven in 2025
State-backed Oman Air is reportedly close to breaking even this year and may post its first profit next year.
“We are going to hit our transformation target for 2025, which means that we should end the year significantly closer to being a breakeven company,” the airline’s chief commercial officer Mike Rutter told the Oman Daily Observer.
He said the airline’s goal in 2026 is to achieve its first-ever profit, according to the newspaper.
In October the airline laid off 1,100 staff, reducing its workforce from around 4,300 to just under 3,200.
As part of cost-saving measures, the airline disposed of its entire A330 fleet of 10 aircraft and sold two Boeing 787-8s.
In August 2023, Oman Air announced restructuring plans to reduce ongoing losses and debt accumulation. It cancelled flights to some South Asian cities in January 2024 to improve its financial performance and strengthen its position in a competitive market.
Further reading:
- The quiet rise of Middle East low-cost carriers
- Why some global airlines are abandoning the Middle East
- Narrow-body aircraft to push growth of Middle East fleets
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.
Ayrıca Şunları da Beğenebilirsiniz
Brazil’s largest private bank advises investors to allocate 3% to Bitcoin in 2026
Brazil’s largest private bank says Bitcoin can improve portfolio diversificat
Paylaş
Coinstats2025/12/13 15:30
CME Group to launch options on XRP and SOL futures
The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval. CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval. The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction. The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team. ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Paylaş
BitcoinEthereumNews2025/09/18 00:56
Tether Wants to Acquire Football Club Giant Juventus
Stablecoin issuing company Tether has made headlines with its latest move. The stablecoin issuing company announced it has submitted a proposal to acquire Exor’
Paylaş
Coinstats2025/12/13 16:13