July 24, 2014 5:45 PM ET

Airlines

Company Overview of Oman Air (S.O.A.C)

Company Overview

Oman Air SAOC operates as a commercial airline company in the Sultanate of Oman and internationally. The company owns 1 Boeing 737-700, 4 Embraer, and 2 ATR 42-500 aircraft; and 3 Boeing 737-800, 4 Airbus A330-200 aircraft, and 3 Airbus A330-300 aircraft. Its Airline division provides passenger and cargo services on a scheduled and charter basis. The company’s Hotel and Catering division operates Golden Tulip Seeb Hotel; and provides in-flight and airport retail catering services. Its Ground and Cargo Handling division offers cargo handling services; and airline support services. The company was formerly known as Oman Aviation Services (SAOC) and changed its name to Oman Air SAOC in April 20...

Muscat International Airport

PO Box 58

Muscat,  111

Oman

Founded in 1981

5,831 Employees

Phone:

968 2 453 1111

Fax:

968 2 415 3300

Key Executives for Oman Air (S.O.A.C)

Chief Financial Officer
Chief Commercial Officer
Chief Officer of Management Affairs
Chief Officer of Support Services
Chief Officer of Flight Operations
Compensation as of Fiscal Year 2014.

Oman Air (S.O.A.C) Key Developments

Oman Air to Shift Qatar Operations to New Doha Airport

Oman Air will shift its Qatar operations from Doha International Airport to the newly-opened Doha Hamad International Airport from May 22, 2014. The move follows the new airport's opening on April 30, 2014 and most of the airlines currently flying from Doha International Airport will, over the next few weeks, be accommodated at the new airport. The change of location means that Oman Air's services from Muscat to Doha will now arrive at the new Hamad International Airport. Oman Air operates up to eight flights a day between Muscat and Doha, with further flights available as a result of its code share with Qatar Airways. Further information will be provided, and appropriate arrangements will be made for passengers connecting with airlines which have yet to make the move to the new location.

Oman Air (S.O.A.C) Auditor Raises 'Going Concern' Doubt

Oman Air (S.O.A.C) filed its Annual on Apr 15, 2014 for the period ending Dec 31, 2013. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Government Plans To Privatize Oman Air And Omantel

Oman plans to privatize Oman Telecommunications Company (S.A.O.G) (MSM:OTEL) and Oman Air (S.O.A.C) to local investors, Finance Minister Darwish al-Balushi said. Both operations would come be part of a broader plan of privatizing some 60 companies in which the state holds an interest, he said. As a first step, Oman Air will be broken up into three companies -- one for freight, one for ground services and one for passengers. "A decision on privatization will be taken subsequently in light of the results at each of the companies," said Balushi, who is also chairman of the airline. Government holds a 70% stake in Oman Telecommunications, Balushi said the plan is to offer 9.5% to Omani investors on March 27, 2014.

Similar Private Companies By Industry

Company Name Region
Joint Aviation Development Company Middle East/Africa
Oman Air (S.O.A.C) Middle East/Africa

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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