MUSCAT, March 29 — Oman has announced the completion of its acquisition of SalamAir, affirming that both Oman Air and SalamAir will continue to operate as fully independent brands while preserving their operational identity, fleets and services, Oman News Agency (ONA) reported.
The acquisition of SalamAir also constitutes a milestone in consolidating the company’s role as a major pillar of the national economy. The company serves as a key enabler for accelerating growth in the tourism sector and related sectors.
While it seeks to boost the integration of services of Oman Air and SalamAir, the government has stressed that the two carriers will continue to operate as completely independent brands and maintain their operational identity, without prejudice to their well-established standards of high quality.
Eng. Said bin Hamoud Al Maawali, Minister of Transport, Communications and Information Technology, said that this approach aims to minimise overlap in the two companies’ destination networks, ensure optimal use of fleets and expand air connectivity within the Sultanate of Oman and the region. This, he added, will in turn enhance operational efficiency and provide travellers with wider options and greater diversity within the two economic categories in which the two companies operate.
Speaking to ONA, Al Maawali pointed out that this strategic move is expected to contribute to improving the financial solvency of the two companies, in addition to securing the status of companies related to ground services by developing cost structures and augmenting the quality of revenues.
These outcomes will gradually fit with the sector’s strategic objectives in Oman Vision 2040, said Al Maawali, noting that the Government of the Sultanate of Oman envisages a promising future for the aviation sector. The minister expressed his thanks and appreciation to all partners and stakeholders for their constant support and confidence.
Eng. Said bin Hamoud Al Maawali, Minister of Transport, Communications and Information Technology, said this approach aims to reduce overlap in destination networks between the two airlines, ensuring optimal utilisation of fleets and expanding air connectivity within the Sultanate and the wider region.
He added that this will enhance operational efficiency and provide travellers with broader options and greater diversity within the two economic categories served by the carriers.
He noted in a statement to Oman News Agency that this strategic transformation is expected to improve the financial position of both airlines, as well as companies associated with ground services, through the development of cost structures and enhancement of revenue quality.
