"We were a regional carrier until recently but now we are developing our new route structure. New destinations this year include Paris, Frankfurt, Colombo and Maldives. Next year we plan to add some other destinations such as Kuala Lumpur. But by end 2009, we will fly to 40 destinations," he said.
Oman Air will also receive three A330-300s in 2011 and six B787's in 2012, he said. The airline is owned 92 percent by the Oman government and 8 percent by prominent investors in Oman. There are no plans to divest any shareholding in the near term, he said. Oman Air carried 2 million passengers in 2008 compared with 1.6 million passengers the previous year.
"We should be pushing up to 2.3 million or 2.4 million passengers in 2009 simply because we are expanding to new destinations," Hill said.
"No doubt, 2009 will be a tough year but this region is not so badly affected. A lot of the market in Oman is captive because we are the main carrier," he said. Revenues are expected to rise in 2008 over the previous year, he said, declining to give specific figures. Cargo business accounts for a meagre 2 percent of the airline's total revenues, he said but is expected to rise to at least 12 percent over the coming five years.
Courtesy: www.reuters.com
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