Oman Air Cargo has released its results for the first half of 2023, reporting a 42% increase in cargo volumes compared to the same period in 2022, primarily driven by capacity expansion.
In a statement, the air freight carrier said between January and June, total cargo revenue surpassed OMR 22.3 million (US$57.92 million), reflecting the resilience of operations amidst challenging market conditions.
"Despite a dip in yield compared to the previous year, the results indicate healthy growth, and the carrier's focus on technology, efficiency, and customer service is ensuring it retains its strong position in the market," Oman Air Cargo said.
The carrier noted that since its inception in 2009, Oman Air Cargo has maintained an upward trajectory.
Having obtained the IATA CEIV Pharma and CEIV Fresh certifications in 2021, the air freight carrier said it continues to gain significant momentum through time- and temperature-controlled shipments.
While in 2022, it added several new destinations and introduced its innovative 'Cargo-in-Cabin' service to Europe, the Far East and Indian Subcontinent, its 2023 strategy includes the launch of its first-ever freighter to meet growing demand.
Furthermore, it said that its ongoing digitalisation drive continues to make the customer experience simpler and more efficient, with a new Revenue Management System and online booking channels currently in the works.
"Leveraging Muscat's strategic location connecting East and West, Oman Air Cargo's state-of-the-art facilities ensure the seamless movement of cargo through its hub at Muscat International Airport," Oman Air Cargo said.
"With bespoke solutions and the highest standards of safety and quality, it remains at the forefront of the rapidly evolving air cargo sector while solidifying Oman’s standing as a key regional logistics hub," it added.