Oman Air Cuts Workforce By Nearly 25% As Part Of Massive Restructuring
Over the past year or so, Omani national carrier Oman Air has been undergoing a major restructuring, as the government owned airline is suddenly trying to stop hemorrhaging money. Clearly turning a profit wasn’t a priority for a long time, but that has changed, with the appointment of a new CEO. We’ve seen the airline shrink considerably, including retiring the A330 fleet, eliminating first class, and introducing an all-economy subfleet. We’re now seeing the next step of this strategy.
Over the past year or so, Omani national carrier Oman Air has been undergoing a major restructuring, as the government owned airline is suddenly trying to stop hemorrhaging money. Clearly turning a profit wasn’t a priority for a long time, but that has changed, with the appointment of a new CEO. We’ve seen the airline shrink considerably, including retiring the A330 fleet, eliminating first class, and introducing an all-economy subfleet. We’re now seeing the next step of this strategy.
