Oman Air achieves profitability for the first time in 15 years; bank loans reduced
Musscat: Oman Air, which launched a comprehensive transformation programme in 2023, reported an EBITDA of RO 3.2 million for 2025, positive for the first time in 15 years. The airline also achieved a RO 27 million reduction in bank loans, marking the first year the airline has decreased its level of debt since 2009.The airline is EBITA profitable with RO3.2 million, and RO52.2 million loss. The Ebit loss is down from 72 million in 2024. These achievements sit alongside a 6% reduction in CASK...