By Neil Halligan
Oman's national carrier plans to break even by 2017, says Paul Gregorowitsch
Oman Air plans to grow its destinations by 60 percent over the next five years.
Speaking to the Times of Oman, CEO of Oman Air Paul Gregorowitsch said the airline has plans to grow the number of destinations that it travels to 75, focusing on Asia, Africa and Europe.
“By that time we will have 70 aircraft to fly to these destinations,” he told newspaper.
The national carrier currently flies to 47 destinations and Gregorowitsch said he plans to launch new flights to China this coming winter.
“We are also looking at flying double daily to London by winter,” he said.
Gregorowitsch said there are plans to increase the flights to India, including Kolkata in the Eastern part of India.
Last year, the airline recorded a $259.7 million loss (OMR100m) and will work on reducing that to $155 million this year (OMR60m).
“By 2017 we should be able to break even,” he said.
The airline is coming under increasing pressure, with 60 percent of the marketshare taken by competitors. The Omani government has announced plans to issue a second licence for another airline to operate out of the Sultanate.
Oman Air should avail of it's bilateral Aviation agreement with Canada and operate a B777 directly to Toronto, thrice weekly.
There is a huge expat South Asian and Arab population living in Toronto, Montreal and Ottawa who will avail of this direct service with onward connections from Muscat.
A complimentary one day layover in Muscat, to attract new business would be a great idea to introduce Muscat to prospective future tourists, who may be interested in spending their winters in the warm climate of Muscat.
Dream on OZ.
It is heartening to find that Kolkata is on the radar of Oman Air. The new Kolkata is ready with all the modern amenities for all the airlines. Welcome to Kolkata!