Oman Air has recorded a slightly improved financial position for 2014, as the Middle Eastern carrier continues to expand. Operational losses for the Oman Air Group—which includes several subsidiaries covering areas such as ground handling and catering—was reduced to RO95.9 million ($249 million), 4% improved on 2013 and reversing a pattern of increasing deficits in recent years caused  largely by investment in new aircraft. A net loss figure was not given. New CEO Paul ...

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