Oman to privatise airline, telecoms company:
"Oman plans to privatise its loss-making national carrier Oman Air and continue selling chunks of telecoms company Omantel to local investors, Finance Minister Darwish al-Balushi has announced.
Both operations would come be part of a broader plan of privatising some 60 companies in which the state holds an interest, he said.
As a first step, Oman Air will be broken up into three companies, one for freight, one for ground services and one for passengers.
"A decision on privatisation will be taken subsequently in light of the results at each of the companies," said Balushi, who is also chair of the airline."
'via Blog this'
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