Latest news with #HamoodbinMusbahalAlawi
Observer
02-05-2025
- Business
- Observer
Bids invited for hotel, commerical complex at Salalah Airport
Muscat: Oman Airports has floated tenders to design, build, and operate of hotel with a commercial complex at Salalah Airport. The last date for the purchase of documents is July 13. The company also floated a tender for the provision of food & beverage outlets at the Mezzanine level at Muscat International Airport, with the last date to purchase the Request for Proposal (RFP) is May 8. Recently speaking at the annual media briefing to review its performance and strategies, Oman Airports' acting CEO, Hamood bin Musbah al Alawi, said that the main challenge has been to ensure operational performance and the optimum use of assets. He said that Oman Airports launched a comprehensive transformation strategy to improve efficiency and passenger experience through self-service baggage drop systems, advanced crowd management solutions, a centralized digital dashboard, and system upgrades across airports. Despite facing legacy challenges such as high emergency maintenance costs and underutilized airport land, the company recorded significant milestones, he said. The parking lot management, of managed by a foreign operator, will be handled by Oman Airports, and it will help the company to boost its revenues. In 2025, passenger traffic at Muscat Airport increased by 12.9 percent compared to 2023 and is expected to return to pre-COVID levels by 2026, with transit passengers. Salalah Airport is nearing its full capacity and has been receiving direct flights from Europe. Salalah Airport surpassed 2019 figures by 17.3 percent, RO114.5 million in operational revenues, RO42.6 million in total group revenues, RO23.5 million net profit (+15%), the highest EBITDA since establishment (+43 percent), and a 33 percent increase in shareholder equity. It may be noted that Khareef season in Dhofar attracted 1,048,000 visitors between June 21 and September 21, 2024, reflecting a nine per cent increase compared to the same period in 2023, when the number of visitors was 962,000.
Observer
24-04-2025
- Business
- Observer
Oman Airports see increase in point-to-point passengers
MUSCAT, APRIL 23 Oman airports are witnessing an increase in the number of passengers with tourist visas, alongside a 7-per cent rise in the number of passengers coming directly from their destinations to the Sultanate of Oman. In his opening remarks during the annual media briefing, Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology, emphasised the importance of strategic collaboration between Oman Airports and Oman Air to enhance service quality and Oman's competitiveness regionally and globally. He noted that the integrated vision between both companies reflects a national approach towards a prosperous and sustainable future for the aviation sector. Speaking on the occasion, Hamood bin Musbah al Alawi, Acting CEO of Oman Airports, said that the main challenge is to ensure operational performance and the optimum use of assets. Oman Air, which began its transformation in 2023, marked a number of significant milestones in 2024 as it seeks to achieve financial sustainability: EBITDA improved by 51 per cent, compared to 2023 (after audit); during 2024. Oman Air carried over 5.4 million passengers, with the number of available seat kilometres (ASK) reported at around 19.4 billion. Point-to-point traffic increased to 40 per cent of passengers, up from 27 per cent in 2019. Oman Air achieved 92 per cent On-Time Performance. Oman Airports launched a comprehensive transformation strategy to improve efficiency and passenger experience through self-service baggage drop systems, advanced crowd management solutions, a centralised digital dashboard and system upgrades across airports. Despite facing legacy challenges such as high emergency maintenance costs and underutilised airport land, the company recorded significant milestones, the statement added. The ground handling volume in Oman is very small compared to other airports and the presence of two operators reduced prices and affected Transom's business, which forced the company to review the contracts as they did not benefit from the business. In 2025, passenger traffic at Muscat International Airport increased by 12.9 per cent compared to 2023, and is expected to return to pre-Covid levels by 2026, with transit passengers. Salalah Airport is nearing its full capacity and receiving direct flights from Europe. Around 71 employees from Oman Air who were affected due to the restructuring were absorbed by Oman Airports. Salalah Airport has surpassed 2019 figures by 17.3 per cent, with RO 114.5 million in operational revenues, RO 42.6 million in total group revenues, RO 23.5 million net profit (+15 per cent), the highest EBITDA since establishment (+43 per cent), and a 33-per cent increase in shareholder equity.
Observer
23-04-2025
- Business
- Observer
Oman Air carried over 5.4m passengers in 2024
MUSCAT, APRIL 23 Oman airports are witnessing an increase in the number of passengers with tourist visas, alongside a 7-per cent rise in the number of passengers coming directly from their destinations to the Sultanate of Oman. In his opening remarks during the annual media briefing, Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology, emphasised the importance of strategic collaboration between Oman Airports and Oman Air to enhance service quality and Oman's competitiveness regionally and globally. He noted that the integrated vision between both companies reflects a national approach towards a prosperous and sustainable future for the aviation sector. Speaking on the occasion, Hamood bin Musbah al Alawi, Acting CEO of Oman Airports, said that the main challenge is to ensure operational performance and the optimum use of assets. Oman Air, which began its transformation in 2023, marked a number of significant milestones in 2024 as it seeks to achieve financial sustainability: EBITDA improved by 51 per cent, compared to 2023 (after audit); during 2024. Oman Air carried over 5.4 million passengers, with the number of available seat kilometres (ASK) reported at around 19.4 billion. Point-to-point traffic increased to 40 per cent of passengers, up from 27 per cent in 2019. Oman Air achieved 92 per cent On-Time Performance. Oman Airports launched a comprehensive transformation strategy to improve efficiency and passenger experience through self-service baggage drop systems, advanced crowd management solutions, a centralised digital dashboard and system upgrades across airports. Despite facing legacy challenges such as high emergency maintenance costs and underutilised airport land, the company recorded significant milestones, the statement added. The ground handling volume in Oman is very small compared to other airports and the presence of two operators reduced prices and affected Transom's business, which forced the company to review the contracts as they did not benefit from the business. In 2025, passenger traffic at Muscat International Airport increased by 12.9 per cent compared to 2023, and is expected to return to pre-Covid levels by 2026, with transit passengers. Salalah Airport is nearing its full capacity and receiving direct flights from Europe. Around 71 employees from Oman Air who were affected due to the restructuring were absorbed by Oman Airports. Salalah Airport has surpassed 2019 figures by 17.3 per cent, with RO 114.5 million in operational revenues, RO 42.6 million in total group revenues, RO 23.5 million net profit (+15 per cent), the highest EBITDA since establishment (+43 per cent), and a 33-per cent increase in shareholder equity.
Muscat Daily
23-04-2025
- Business
- Muscat Daily
Oman Airports posts strong financial and operational growth for 2024
Muscat – Oman Airports – the entity responsible for managing and operating the sultanate's civil airports and providing integrated airport operations and infrastructure management – on Wednesday announced strong financial and operational performance for 2024. This comes on the back of an extensive transformation strategy aimed at modernising infrastructure, enhancing the passenger experience, and bolstering financial resilience. In mid-2024, Oman Airports launched a comprehensive transformation strategy to improve efficiency and customer experience through the adoption of cutting-edge digital technologies. This included self-service baggage drop systems, advanced crowd management solutions, a centralised digital dashboard, and system upgrades across its airports. Speaking at a joint annual press conference held by Oman Airports and Oman Air at the InterContinental Hotel in Muscat, Hamood bin Musbah al Alawi, Acting CEO of Oman Airports, delivered a presentation outlining the company's performance in 2024. Alawi highlighted several key financial and operational milestones achieved in 2024, despite what he termed 'legacy challenges', including significant emergency maintenance costs and underutilised land within airport grounds. He informed that the Muscat International Airport handled 12.9mn passengers in 2024, marking a 2% increase on the previous year. Meanwhile, Salalah Airport surpassed pre-pandemic levels, with passenger traffic rising by 17.3% compared to 2019 – signalling a strong recovery in both regional tourism and domestic travel. Oman Airports reported RO114.5mn in operational revenue, with total group revenue reaching RO142.6mn. Net profit rose by 15% year-on-year to RO23.5mn, while the company achieved its highest-ever EBITDA, up by 43%. Alawi noted that shareholder equity had increased by 33%, indicating growing investor confidence and financial sustainability. As part of its ongoing commitment to empowering national talent and promoting workforce localisation, Oman Airports successfully replaced expatriate roles with 357 Omani nationals across contracts managed by the company, encompassing various educational and professional levels. In addition, 71 employment opportunities were offered to individuals affected by restructuring at Oman Air, supporting workforce continuity within the aviation sector. Further demonstrating its localisation strategy, Oman Airports recruited 67 Omanis to operate and manage the parking facilities at Muscat International Airport. The company also absorbed 227 Omani employees following the withdrawal of a ground handling service provider from the local market, thereby reinforcing job stability and strengthening the national workforce. At the annual press conference, both Oman Airports and Oman Air reiterated their joint commitment to sustainable growth, innovation, and strategic partnerships aimed at enhancing Oman's global aviation profile.
