Oman Air has signed an agreement with Singapore-based ground-handling, warehousing and freight specialist SATS to create a new joint venture company for cargo handling at the airline’s Muscat hub. The arrangement will see Oman Air transferring its cargo-handling business and related assets to its subsidiary Oman Air Cargo. SATS will then acquire from Oman Air 33% of Oman Air Cargo’s share capital, valued at  RO6.4 million ($16.4 million) with the joint venture company then ...

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