Gulf’s Oman Air seeks further govt aid, targets 2024 break-even

Al Raisi, who took over as CEO in 2018 after serving in the role in an acting basis, also said the airline has raised debt against non-core aviation assets like hotels, and planned to raise more to cover operational costs.

DOHA: Oman Air is seeking additional financial assistance from the government and will raise more debt as it recovers from the pandemic, with a target of breaking even in 2024, its chief executive said.

The state-owned Gulf carrier has received government aid during the pandemic but further state support was needed to help cover next year’s operational costs, Abdulaziz Al Raisi told Reuters.