Oman’s SalamAir expects to be profitable in 2020

Oman low cost carrier SalamAir is close to breaking even this year and could turn a profit in 2020, thanks largely to low fuel prices and rivals dropping capacity on certain routes, according to company CEO Mohamed Ahmed.

Speaking at an aviation conference in Dubai, Ahmed revealed that the airline was sitting at around 85 percent seat occupancy on its fleet of seven Airbus A320 jets, which are a mix of current model and new model neos.

Ahmed said SalamAir, which was launched in 2017, is hoping to carry 1.3 million passengers this year, with that number expected to double to 3 million in 2020

The airline carried 800,000 passengers in 2017 and previously revealed plans to hit the one million mark this year.

Earlier this month SalamAir added a new direct service from Chattogram (Chittagong), Bangladesh’s second largest city, to Muscat.

While in September the budget airline began four weekly flights from Abu Dhabi to Muscat.

Source:https://www.arabianbusiness.com/transport/430465-omans-salamair-expects-to-be-profitable-in-2020