in Air Transport

Oman Air leases two Dreamliners and Heathrow slots from Kenya Airways

Posted 29 February 2016 · Add Comment

Oman Air has agreed a three-year wet leasing deal for two Kenya Airways Boeing 787-8s as part of an investment that gives the Muscat airline a second daily service to London Heathrow by using the Kenyan slots.

 The $75 million deal is part of an agreement where Oman Air is supporting Kenya Airways’ fleet-restructuring efforts and is utilizing the airline’s LHR slot. 
Oman Air’s CEO Paul Gregorowitsch said that while the price for the prime-time long-haul slots is large, he says, the investment is worthwhile. In a memo to staff he described the move as “Unique and scarce”
“As the third runway at London Heathrow will take many years, we are confident that this intended strategic investment will yield and contribute to sustainable profitability of Oman Air in the future,” he said.
 .

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