Oman Air To Sell A330s & 787s

Per Cirium, Oman Air is considering selling up to 10 widebody aircraft from the Airbus A330 and Boeing 787 fleet.

The airline would look to offload eight Airbus A330s and two Boeing 787-8s as part of the aircraft being sold.

The Oman Air Fleet

According to current fleet data, the airline has 42 in-service aircraft and two parked units; if Oman Air were to proceed with its aircraft removal plans, this fleet total would decrease by ten units.

The airline has just 10 Airbus A330s, nine active and spread across the A330-200 and A330-300 variants. The average age of both variants is over 11 years.

The airline’s youngest fleet type, when measured by active units, is the Boeing 787 Dreamliner, with nine units in service averaging 6.5 years of age.

Restructuring For Oman Air

The move to offload up to 10 aircraft, all widebodies, is part of the airline’s restructuring; this development was first revealed in 2023.

A transformation is expected to take many years as the airline looks to become more sustainable and stop the losses it has been incurring over a multi-year period.

Some hard decisions need to be made to achieve a more sustainable nature, and one of them is focusing on the airline fleet and offloading aircraft that are deemed surplus to requirements for now.

The turnaround plan will focus on four main pillars: corporate governance, commercial aspects, human capital, and, lastly, financial sustainability, one of the more talked-about areas.

Oman Air is hardly the first and likely won’t be the last airline to undergo restructuring in recent and upcoming years as industry challenges continue to be felt worldwide.