Oman Air reports surge in passenger, cargo

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Published: June 21, 2012

Oman Air (WY) continues to report a surge in business in passengers and cargo levels (ATW Daily News, March 23).

The Arab nation’s carrier said the growth spurt was due mainly to frequent fliers rather than its network expansion. WY’s customer ratings have risen sharply since the arrival of its long-haul fleet of Airbus A330s, which have replaced A310s in recent years.

WY said passenger traffic has increased 19% for the first five months of 2012, compared to 16% for the full-year 2011. Passenger revenue for the period was up 28%.

Cargo tonnage was up 33% from 13% in 2011, while cargo revenue jumped 47% from 28% in 2011.

The loss-making WY said it expects to achieve profitability in 2014.

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