Aircraft Grounding Had Major Financial Impact on Oman Air

The grounding of the Boeing 737 MAXs has had a major financial impact on Oman Air

The airline’s expansion plans for 2019 had been ‘significantly curtailed’ as a result of the grounding of five MAXs and the non-delivery of a further three that were scheduled to go into operations this year.

This was revealed by Oman Air’s Chief Executive Officer commenting on the impact of Boeing 737 MAXs grounding on the airline.

Abdulaziz Al Raisi, Oman Air CEO, was addressing media inquiries on the sidelines of the unveiling of the airline’s new cabin crew uniform at London Heathrow Airport.

The Oman Air CEO said that the airline had also suffered revenue losses and market share declines, particularly in its home market of Oman, because of the grounding of the airline’s MAXs fleet.

The Oman Air CEO met with Boeing’s top officials in Muscat recently, and was promised a recovery and support plan for Oman Air that would be submitted to the airline before the upcoming Paris Airshow.