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Oman Air, Oman Airports dissolve board, new members elected

The new board of both Oman Air and Oman Airports held its first meeting including financial sustainability and governance of the two companies.

TAS News Service

info@thearabianstories.com

Saturday, August 19, 2023

MUSCAT : Oman Air and Oman Airports have dissolved the members of their Board of Directors and elected new members on Saturday.

In a statement issued, the Oman News Agency stated that the “two general assemblies of Oman Air and Oman Airports, dissolved the members of their boards of directors and elected new members.”

Both the new board held its first meeting and took “strategic decisions regarding the financial sustainability and governance of the two companies.”

In a separate statement Oman Air said: “During the meeting, some of the companys Board Members were replaced. The newly appointed Board Members have extensive global experience in the aviation sector, collectively exceeding 85 years.

“The company’s Board of Directors also held a meeting on Saturday 19 August 2023 to approve the new organisational structure of the company and the implementation steps of the transformation programme. His Excellency Eng. Saeed Al Mawali emphasised the need for collaborative efforts in the coming period to enhance the company’s capabilities in line with the government’s directives that focus on maximising investment returns and achieving financial sustainability for Oman Air,” the airline added.

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