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Oman Air to be nationalised
- Oman: Tuesday, May 22 - 2007 at 06:19
Oman Air will be fully nationalised at a meeting of company shareholders to be held on 29 May, according to MEED. The Omani government already owns 84% of the carrier, and will completely replace its board of directors. Muscat disposed of its remaining 20% stake in Gulf Air earlier this month, leaving Bahrain as sole owner.
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James McInerney, News EditorTuesday, May 22 - 2007 at 06:19 UAE local time (GMT+4)
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