Oman Air has launched a cost-cutting program, Shape and Size, with the aim of achieving what it describes as “substantial reductions” in expenditure. Shape and Size will target across-the-board cost reductions totaling more than RO100 million ($260 million) over the next three years to help the Muscat-based carrier reach its previously announced target of being profitable by the end of 2017. In the wake of the Shape and Size announcement, a spokesman said the company was aiming ...

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