Latest news with #2040Vision
Observer
27-02-2025
- Business
- Observer
Oman Air increases point-to-point passenger share
Oman Air has recorded that point-to-point passengers accounted for 46 percent of total traffic in January 2025 – a 35 percent increase from the same month in 2024. Point-to-point fares typically generate higher yields than transit fares but also align with the Board of Directors' strategic goal to maximize inbound traffic. 'While we remain committed to serving the transit market, expanding point-to-point travel allows us to capture higher-yield opportunities and provide greater convenience to our guests,' said Con Korfiatis, Chief Executive Officer at Oman Air. 'By bringing more visitors directly into Oman, we can showcase the country's rich touristic experiences while strengthening our role in national economic development-boosting visitor numbers, encouraging longer stays, and maximizing the wider economic benefits of inbound tourism.' Over the past year, Oman Air has refined its network and fleet, adjusting frequencies, optimizing schedules, and enhancing connectivity on key routes. This approach has not only improved the airline's revenue quality but has also been met with strong demand, reflected in an 88% seat occupancy for January. The airline currently flies to 41 destinations out of Muscat, with Rome, Italy, being its most recent addition. Oman Air has recorded that point-to-point passengers accounted for 46% of total traffic in January 2025 – a 35% increase from the same month in 2024. This shift not only strengthens the airline's profitability, as point-to-point fares typically generate higher yields than transit fares, but also aligns with the Board of Directors' strategic goal to maximize inbound traffic, an initiative that supports Oman's 2040 Vision by boosting tourism numbers. 'While we remain committed to serving the transit market, expanding point-to-point travel allows us to capture higher-yield opportunities and provide greater convenience to our guests,' said Con Korfiatis, Chief Executive Officer at Oman Air. 'By bringing more visitors directly into Oman, we can showcase the country's rich touristic experiences while strengthening our role in national economic development-boosting visitor numbers, encouraging longer stays, and maximizing the wider economic benefits of inbound tourism.' The airline currently flies to 41 destinations out of Muscat, with Rome, Italy, being its most recent addition.
Zawya
27-02-2025
- Business
- Zawya
Oman Air increases point-to-point passenger share to 46%, driving profitability and boosting inbound tourism
Muscat: Marking another positive result in its ongoing transformation, Oman Air has recorded that point-to-point passengers accounted for 46% of total traffic in January 2025 – a 35% increase from the same month in 2024. This shift not only strengthens the airline's profitability, as point-to-point fares typically generate higher yields than transit fares, but also aligns with the Board of Directors' strategic goal to maximise inbound traffic, an initiative that supports Oman's 2040 Vision by boosting tourism numbers. 'While we remain committed to serving the transit market, expanding point-to-point travel allows us to capture higher-yield opportunities and provide greater convenience to our guests,' said Con Korfiatis, Chief Executive Officer at Oman Air. 'By bringing more visitors directly into Oman, we can showcase the country's rich touristic experiences while strengthening our role in national economic development - boosting visitor numbers, encouraging longer stays, and maximising the wider economic benefits of inbound tourism.' Over the past year, Oman Air has refined its network and fleet, adjusting frequencies, optimising schedules and enhancing connectivity on key routes. This approach has not only improved the airline's revenue quality, but has also been met with strong demand, reflected in an 88% seat occupancy for January. The airline currently flies to 41 destinations out of Muscat, with Rome, Italy, being its most recent addition. © Muscat Media Group Provided by SyndiGate Media Inc. (
Zawya
27-02-2025
- Business
- Zawya
Oman Air increases point-to-point passenger share to 46%
Oman Air has recorded that point-to-point passengers accounted for 46% of total traffic in January 2025 – a 35% increase from the same month in 2024. This shift not only strengthens the airline's profitability, as point-to-point fares typically generate higher yields than transit fares, but also aligns with the Board of Directors' strategic goal to maximise inbound traffic, an initiative that supports Oman's 2040 Vision by boosting tourism numbers, the airlines said. 'While we remain committed to serving the transit market, expanding point-to-point travel allows us to capture higher-yield opportunities and provide greater convenience to our guests,' said Con Korfiatis, Chief Executive Officer at Oman Air. 'By bringing more visitors directly into Oman, we can showcase the country's rich touristic experiences while strengthening our role in national economic development - boosting visitor numbers, encouraging longer stays, and maximising the wider economic benefits of inbound tourism.' Over the past year, Oman Air has refined its network and fleet, adjusting frequencies, optimising schedules and enhancing connectivity on key routes. This approach has not only improved the airline's revenue quality, but has also been met with strong demand, reflected in an 88% seat occupancy for January. The airline currently flies to 41 destinations out of Muscat, with Rome, Italy, being its most recent addition, it said. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
26-02-2025
- Business
- Trade Arabia
Oman Air increases point-to-point passenger share to 46%
Oman Air has recorded that point-to-point passengers accounted for 46% of total traffic in January 2025 – a 35% increase from the same month in 2024. This shift not only strengthens the airline's profitability, as point-to-point fares typically generate higher yields than transit fares, but also aligns with the Board of Directors' strategic goal to maximise inbound traffic, an initiative that supports Oman's 2040 Vision by boosting tourism numbers, the airlines said. 'While we remain committed to serving the transit market, expanding point-to-point travel allows us to capture higher-yield opportunities and provide greater convenience to our guests,' said Con Korfiatis, Chief Executive Officer at Oman Air. 'By bringing more visitors directly into Oman, we can showcase the country's rich touristic experiences while strengthening our role in national economic development - boosting visitor numbers, encouraging longer stays, and maximising the wider economic benefits of inbound tourism.' Over the past year, Oman Air has refined its network and fleet, adjusting frequencies, optimising schedules and enhancing connectivity on key routes. This approach has not only improved the airline's revenue quality, but has also been met with strong demand, reflected in an 88% seat occupancy for January. The airline currently flies to 41 destinations out of Muscat, with Rome, Italy, being its most recent addition, it said.
Zawya
28-01-2025
- Business
- Zawya
AI to secure Oman's sustainable future
As Oman moves forward with its ambitious Vision 2040 charter, artificial intelligence (AI) is set to play a pivotal role in transforming the country's public and private sectors. With the aim of diversifying the economy, enhancing government services, and fostering sustainable development, Oman is strategically poised to integrate AI technologies into key areas of governance and industry. This goal was the overarching theme of Oman AI Summit 2025, a two-day forum that began at the Oman Convention and Exhibition Centre here on Monday. According to a number of experts in attendance, Oman Vision 2040 enshrines the government's commitment to digital transformation and technological innovation through the use of AI. This technology is propose to be harnessed to help streamline processes, enhance decision-making, and optimise resource management. The Sultanate's infrastructure and growing digital capabilities provide a solid foundation for the widespread adoption of AI, positioning the nation to become a regional leader in technological advancement, officials stressed. Hassan Fida al-Lawati, National Programme Head for Artificial Intelligence and Advanced Technologies at the Ministry of Transport, Communication and Information Technology, stated: 'In Oman, there is a strong drive to encourage various sectors to adopt AI as a tool to enhance productivity and add greater value to their operations. One of the key objectives of Oman Vision 2040, particularly in the realm of ICT, is to increase the contribution of the digital economy to the country's GDP.' Government officials have already identified several sectors that can benefit from AI, including healthcare, education, transportation, and energy. In healthcare, for example, AI could be used to improve patient outcomes through predictive analytics and enhance diagnostic accuracy. In education, AI-powered tools could personalise learning experiences, while in transportation, AI systems could optimise traffic flow and reduce congestion. Furthermore, AI's potential to drive efficiencies in government operations is undeniable. By automating routine tasks, AI can help reduce bureaucratic overheads and enable public sector employees to focus on more strategic, value-added activities. This aligns with Oman Vision 2040 of creating a more agile and transparent government that can respond to the needs of its citizens in real time. The Omani government has already taken steps to cultivate the necessary ecosystem for AI adoption, including investments in education and training programmes aimed at building a tech-savvy workforce. With its stable regulatory environment, commitment to innovation, and focus on fostering public-private partnerships, Oman is well-positioned to harness the power of AI as it moves towards its 2040 Vision. © All right reserved for Oman Establishment for Press, Publication and Advertisi
