Airline

Oman Air increases capital

April 4- Oman Air has increased its capital to $1.3 billion (about 67 per cent) and will add new destinations this year, said Peter Hill, the airline’s CEO. He added that this year is going to be difficult for the airline. "Looking forward to 2010, I am under no illusion that this again will be yet another tough year for the aviation industry worldwide, and for Oman Air in particular,” he added.

The airline is slated to fly to eight new destinations this year, said Ahmad bin Abdul Nabi Mekki, Minister for Economy. He said that while the global financial crisis affected Oman Air in 2009, “we are confident that over a period of time when the airline has established its presence in the industry and its network has matured, we will see positive returns on investment." The news destinations include Milan, Kuala Lumpur, Kathmandu, Dar es Salaam, Islamabad, Lahore, and the UAE cities of Al Ain and Ras al Khaimah.

The airline posted a loss of $109 million in 2008 hopes to return to profit by 2014, said Hill.
 

More Airline
Qatar Airways launches direct flights to Skopje
Emirates launches dedicated airport lounge at Boston Logan Airport
Laptop ban lifted on Qatar Airways flights to the US
Latest Travel News
The Waldorf Astoria Amsterdam is a great...
Family summer holiday destinations...
Iconic Sheraton Cairo reopens after exte...
Featured Sights To See
Grafton Street

Grafton Street

Dublin, Ireland

Grafton Street is one of two pedestrian shopping avenues in central Dublin (along with Henry Street).  It runs from the northwest corner of Saint Stephen's Green to the west side of Trinity College.  Though Henry Street receives more visitors, Grafton Street has more upscale retailers.  This is one of the most expensive commercial streets in the world. Street performers, called...

Hollywood Walk of Fame

Hollywood Walk of Fame

Los Angeles, United States

The Hollywood Walk of Fame runs in front of the Grauman's Chinese Theatre. It is about 5.5 miles long stretching between La Brea and Gower Streets and between Yucca Street and Sunset Boulevard. It has over 2000 bronze stars embedded in it, honouring film stars, musicians, producers and other top media personalities. The first person to recieve a star was Joanne Woodward in 1960.     ...

The Capitol

The Capitol

Washington DC, United States

Sitting atop a high hill overlooking the National Mall and the wide avenues of the city beyond, the Capitol (built in 1793) is among the most architecturally impressive and symbolically important buildings in the world. It houses the legislative branch of Congress, the Senate and the House of Representatives. A 285 ft cast iron dome is topped by a bronze statue called the Statue of Freedom. Sev...

The famous Recoleta Cemetery

The famous Recoleta Cemetery

Buenos Aires, Argentina

The famous Recoleta Cemetery is well worth a visit as it is the resting place of many Argentinian celebrities. It is open daily from 8am-6pm and you may even be able to catch one of the guided tours. Telephone: 4804 7040 Website: www.cementeriorecoleta.com.ar  ...