Oman Daily Observer

Oman Aviation’s GDP share to reach RO 890m by 2030

RO 100m in economic efficienci­es directly delivered through successful initiative­s

- BUSINESS REPORTER MUSCAT, FEB 12

Establishe­d in 2018 to develop the Sultanate’s aviation sector, Oman Aviation Group is playing a critical role in advancing the economy, tapping into an industry valued at $821 billion globally in 2018.

In one year alone, Oman Aviation Group created more than 980 direct Omani jobs and contribute­d to supporting nearly 8,000 indirect jobs within the Sultanate. These jobs support an industry that saw more than 1.3 million additional passengers and 215,000 tonnes more air cargo travel through Muscat alone. In addition, more than RO 100 mn in economic efficienci­es were directly enabled and delivered with the implementa­tion various initiative­s including Oman Air’s transforma­tion strategy. The company has made significan­t strides towards its 2030 goals, exceeding many targets including the ranking of Muscat’s Airport as one of the top 18 airports around the world.

Mustafa al Hinai, CEO of Oman Aviation Group said, “As Oman’s aviation sector developer, we create a robust value chain linking aviation, tourism and logistics across Oman. Our Group is a catalyst for growth, creating efficienci­es, boosting revenues and increasing trade. We work to position Oman as a strategic hub and a world-class destinatio­n amongst internatio­nal travellers. Ultimately, we are tasked with furthering economic expansion and unlocking the connectivi­ty potential within the sector including the 40m passengers and RO 890m GDP contributi­on that is expected to flow through Oman by 2030.” Oman Aviation Group continues to contribute­s to the growth of Oman’s transporta­tion sector through a variety of avenues including the spectacula­r opening of the new Muscat and Duqm airports and two new air cargo terminals.

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