Oman Air and Oman Airports have dissolved their boards and elected new ones, according to Oman News Agency (ONA). Both boards will be chaired by Oman’s Minister of Transport, Communications, and Information Technology Said Al Maawali. Oman Air and Oman Airports did not disclose who the new members of the board will be in their announcement, though the new members have “extensive global experience in the aviation sector,” the statement said.

What the new boards have done so far: Oman Air’s new board of directors approved the carrier’s new organizational structure, board committees, and actions to implement a new financial sustainability program. Meanwhile, Oman Airports’ new board has undertaken a review of the firm’s strategy for the next five years, examined the company’s financials for 1H 2023, appointed a new deputy chairman of the board, and approved committees serving under the board, ONA added.

Background: The shakeup in Oman Air’s leadership comes on the heels of a “comprehensive” restructuring program announced at the beginning of the month. The reforms look to address continued losses and the piling up of debt at the airline.