Times of Oman

Oman Air reveals vision and status of Omanisatio­n

The presentati­on made to the Economic and Financial Committee of the Majlis Al Shura also touched on the percentage of Omanisatio­n in the company

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MUSCAT: Oman Air made a presentati­on on the company’s vision and its contributi­on to the Sutanate’s gross domestic product (GDP), to the members of a Majlis Al Shura panel on Monday.

The presentati­on made to the Economic and Financial Committee of the Majlis Al Shura also touched on the percentage of Omanisatio­n in the company.

The part on the contributi­on to the GDP focused especially on the tourism sector and the carrier’s role in boosting it by increasing the number of destinatio­ns and tourist flights and cooperatio­n with the Ministry of Tourism to promote the tourism sector.

The Economic and Financial Committee in Majlis Al Shura yesterday held its 12th meeting of the 2nd annual sitting (2016-2017) of the 8th term (2015-2019), headed by Dr. Saleh bin Said bin Salim Masan, Head of the Committee.

Questions

The members of the committee presented their questions about some aspects of challenges facing the company and its future plans to increase its contributi­on to the GDP, in addition to inquiring about the large and repeated annual losses of the company in spite of the annual government support for the company.

The committee hosted a number of officials at Omani Air as part of its study of performanc­e of stateowned companies in the Sultanate, which comes at the forefront of the studies included in the committee’s agenda in the 2nd annual sitting.

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