Oman Air records bigger 2013 loss, plans spin-offs

Credit: Rob Finlayson
Middle Eastern carrier Oman Air has reported a loss of OR113.3 million ($294.3 million) for 2013, widened 16% from 2012. Revenues rose 10% to OR381.7 million. Passenger boardings climbed nearly 13%, to 4.99 million, while cargo volumes rose 7% to 119,700 tonnes. Freight operations benefited from the...

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