The companies have signed a Memorandum of Understanding confirming their intention to work together. They will now enter a period of due diligence and focus on regulatory requirements, with the aim of forming the joint venture within the last quarter of 2016.
The move is the latest step by Oman Air towards reconfiguring its handling businesses. The joint venture will offer ground handling at nine airports across Oman, including Oman Air’s key hub operation in Muscat. The venture will employee some 2,500 people and handle over 50,000 aircraft turnarounds per annum.
Forsyth Black, President and Managing Director at Menzies Aviation, said: “We’re very excited by the opportunity to work with Oman Air. This venture represents real progress against our strategy by securing a hub location and by expanding in emerging markets. There is a great tradition of co-operation between British and Omani partners; we hope to add this new joint venture to that list.”
Oman Air’s Chief Executive Officer, Paul Gregorowitsch, commented: “We are pleased to have signed a Memorandum of Understanding with Menzies Aviation which will see us form a joint venture partnership by the end of this year. Menzies Aviation is a highly professional, global company with a proven track record. Our partnership will enable us to access new technology, improve training and achieve the highest standards with regard to ground handling operations”.
Source: Menzies Aviation
2016 weren’t easy for airlines around the globe that continue to struggle with ways of finding pilots to fill cockpit seats. 2017 is expected to be an even more pressing year, as Boeing, Airbus and other manufacturers keep accelerating their production, while the already small pool of qualified FOs and PICs grows at a significantly slower pace....
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