Close Menu
economyuae.comeconomyuae.com
    What's Hot

    Seasonal Email Strategies That Drive Sales Without Feeling “Salesy”

    February 18, 2026

    How Lily Launched a Custom Clothing Brand Alongside a Full-Time Job

    February 16, 2026

    How to Keep Your Customers Coming Back with Timely Emails

    January 27, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyuae.comeconomyuae.com
    Subscribe
    • Home
    • MARKET
    • STARTUPS
    • BUSINESS
    • ECONOMY
    • INTERVIEWS
    • MAGAZINE
    economyuae.comeconomyuae.com
    Home » Oman Air cuts 1,100 jobs, streamlines fleet in cost-saving push
    BUSINESS

    Oman Air cuts 1,100 jobs, streamlines fleet in cost-saving push

    Arabian Media staffBy Arabian Media staffOctober 3, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Oman Air has announced significant workforce and fleet reductions as part of a broad effort to cut operational costs.

    The national carrier confirmed it had laid off 1,100 employees, bringing headcount down from around 4,300 to just under 3,200. “If you looked at the number of staff we had for the size of our fleet, we were off the charts compared to all our neighbours and to all relevant benchmarks we could find,” said Con Korfiatis, CEO of Oman Air.

    Fleet restructuring

    As part of the cost-saving measures, the airline retired its entire fleet of 10 Airbus A330s and sold two Boeing 787-8s. The streamlined fleet now consists of roughly 23 narrow-body aircraft—primarily Boeing 737 MAXs—alongside 10 Boeing 787-9s.

    Future growth remains measured: two additional MAX aircraft are expected, with one scheduled for delivery this year and another in Q3 2026. Six more Boeing 787s are set to join the fleet in 2027.

    Strategy shift

    Rather than competing directly with larger Gulf carriers such as Emirates and Qatar Airways, Oman Air has shifted towards code-sharing partnerships. “We now have gone from empty cabins to 70 percent seat capacity after this change of alliance with other airlines,” Korfiatis said.






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleNon-oil economy powers Abu Dhabi’s diversification with 6.6% growth in Q2
    Next Article Dubai rentals that are actually worth it: Here’s where to look
    Arabian Media staff
    • Website

    Related Posts

    Dubai to implement mandatory marine traffic management plan

    December 15, 2025

    Here’s what to expect this week

    December 15, 2025

    IHC raises stake in Invictus Investment to about 40%

    December 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Advertisement

    Economy UAE is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • Markets
    • Stocks
    • Funds
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.