Oman Air was founded in 1993, but can be up to the early 1970s trace their origins to the Oman International Services. It was created from a merger of the former Gulf Air Light Aircraft Division and Oman International Services for Oman Aviation Services.
The company was among 41.7 % private investors, 33.8 % of the Omani government and 24.5% private companies in Oman. In March 2007, the Company was recapitalized by the government. The Omani government currently holds (31 December 2011 ) with 99.865 % of the shares in the majority, the remaining 0.135 % held by private shareholders. With the percentage change in the strategy of Oman Air has changed. The flight network has since been expanded to long-haul connections. In May 2007, the Omani government sold its shares in Gulf Air and is now focused on the expansion of Oman Air
On 26 November 2007, the first long-haul flights from Muscat to London -Gatwick and Bangkok Suvarnabhumi were taken. End of 2009, the first four of its own Airbus A330 entered service with a generous in the industry comparative 1-2- 1- seat assembly in the business class.
In the fall of 2013 plans were announced, according to which for years deficient society could be privatized in 2014.
The hub of Oman Air is the Muscat airport. Are offered domestic flights as well as destinations in the Middle East, India, South Asia and Europe. Even a local air taxi and charter flights, the Company has in the program.
With the Airbus A330 Oman Air flies among other things, in the German-speaking world to Frankfurt, Munich and Zurich, as well as to Bangkok Suvarnabhumi, Milan, Paris -Charles de Gaulle, London Heathrow and Kuala Lumpur. The Boeing 737 Oman Air fly from Muscat to Dubai, Salalah, Jeddah, Mumbai, Male and Colombo.
As of July 2013, the Oman Air fleet consists of 30 aircraft with an average age of 5.3 years:
The Company is in deficit since fiscal year 2008, and has the balance sheet at 31 December 2011 cumulative tax loss carryforwards in the amount of 289.861 million from RO.