UPDATE 1-Oman Aviation seeks up to $6 bln for airline, airports -CEO - Reuters:
Oman Aviation Group is seeking to raise up to $6 billion to finance the expansion of state-owned Oman Air and Oman Airports up until 2030, its chief executive said on Tuesday.
Request for proposals have been issued to local and international banks and the first tranche is expected to be raised by mid-2020, Mustafa al-Hinai told Reuters in a phone interview. The planned financing would be spread over several tranches.
Government entity Oman Aviation Group was formed in February 2018 and includes Oman Air, Oman Airports and Oman Aviation Services.
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