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6 Articles
Omani gov't buys a 90% stake in SalamAir
The government of Oman has acquired a 90% stake in SalamAir (OV, Muscat) from Muscat National Development and Investment Company, a consortium of parastatal entities. Muscat intends to retain the LCC as a separate carrier from Oman Air (WY, Muscat). Transport minister Said bin Hamoud Al Maawali said in a statement carried by the Oman News Agency that the takeover will facilitate network and fleet coordination between the two airlines. The govern…
Oman government acquires budget airline SalamAir
The Omani government has completed the acquisition of SalamAir, the Gulf state’s first low-cost airline. The move is part of the government’s initiatives to develop a sustainable national aviation sector, the state-run Oman News Agency reported. No financial details were given. The plan was first mooted last month, with transport minister Said Al Maawali clarifying that there would be “no operational merger”. The state-owned Oman Air and SalamAi…
The Oman government has completed the acquisition of the airline Salam Air. The aim is to strengthen the role of the airline in the economy and to promote tourism and related industries, the government announced on Thursday.
Oman government acquires SalamAir in push to strengthen aviation sector
MUSCAT : The government of Oman has completed the acquisition of low-cost carrier SalamAir, in a move aimed at strengthening the Sultanate’s aviation sector and supporting its long-term development strategy. According to a statement carried by Oman News Agency, the acquisition is part of broader efforts to enhance the national aviation ecosystem, improve connectivity, and support sustainable growth across the sector. SalamAir, Oman’s budget airl…
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