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Oman Air launches 'shape and size' efficiency program
(MENAFN- Arab News) Oman Air has launched an efficiency program entitled shape and size with the aim of achieving substantial reductions in the airline's expenditure.
The move is timed to coincide with the start of 2015 and the onset of new budgets for the year.
The shape and size efficiency program is targeting cost reductions across all activities undertaken by the national carrier of Oman.
None of those reductions will affect the airline's safety or the high standards of service offered to valued customers.
A total reduction in expenditure of more than 100 million OMR should be achieved by Oman Air over the next three years bringing the company to an operational break-even point by the end of 2017.
Paul Gregorowitsch CEO of Oman Air said: 'We are determined and committed to reshape Oman Air to become a more modern business driven enterprise one that does not solely rely on financial injections from the government of Oman.'
The CEO Said: 'Oman Air contributed almost 420 million OMR to the Gross National Product of the Sultanate during 2014. We are also aware that we have to contribute to the infrastructure of the country by serving domestic airports like Sohar. Furthermore and in line with the nation's Omanization policy we are committed to developing for the future the educational and career potential of young Omanis. These important duties do not however constitute an excuse to run the airline as though it is a hobby.'
He said: 'We all have to work hard and to make sacrifices to become an even better service oriented but self-supporting airline. We are in business to be customer and profit-driven.'
On Jan. 15 more than 400 Oman Air employees will attend 'To become the best' a global event held in Muscat. Here they will be briefed on how to contribute more effectively to the development of an efficient profitable and respected airline.
The move is timed to coincide with the start of 2015 and the onset of new budgets for the year.
The shape and size efficiency program is targeting cost reductions across all activities undertaken by the national carrier of Oman.
None of those reductions will affect the airline's safety or the high standards of service offered to valued customers.
A total reduction in expenditure of more than 100 million OMR should be achieved by Oman Air over the next three years bringing the company to an operational break-even point by the end of 2017.
Paul Gregorowitsch CEO of Oman Air said: 'We are determined and committed to reshape Oman Air to become a more modern business driven enterprise one that does not solely rely on financial injections from the government of Oman.'
The CEO Said: 'Oman Air contributed almost 420 million OMR to the Gross National Product of the Sultanate during 2014. We are also aware that we have to contribute to the infrastructure of the country by serving domestic airports like Sohar. Furthermore and in line with the nation's Omanization policy we are committed to developing for the future the educational and career potential of young Omanis. These important duties do not however constitute an excuse to run the airline as though it is a hobby.'
He said: 'We all have to work hard and to make sacrifices to become an even better service oriented but self-supporting airline. We are in business to be customer and profit-driven.'
On Jan. 15 more than 400 Oman Air employees will attend 'To become the best' a global event held in Muscat. Here they will be briefed on how to contribute more effectively to the development of an efficient profitable and respected airline.
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