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Oman's CAA records over 60% drop in revenues in 2020

Oman Wednesday 05/May/2021 11:52 AM
By: Times News Service
Oman's CAA records over 60% drop in revenues in 2020

Muscat: More than 60 percent decrease in the revenues of the Civil Aviation Authority (CAA) in 2020 has been recorded compared to the previous year, according to data issued by the Authority in the annual report.

CAA said in the report: "The revenues of the Authority in 2020 were affected by a decrease of 65% due to the exceptional circumstances that the world is going through due to COVID-19, which imposed restrictions on travel and suspension of air traffic and closure of airports for a long period during the year 2020."

In detail, the authority said, revenue from air navigation fees decreased by 54%, reaching 28.9 million, and other airport fees decreased by 75% due to the decrease in passenger traffic. The revenue of airport facilities franchise fees also decreased by 86%.

According to the report, the year 2020 witnessed an increase in the number of airline permits by 6%, reaching a total of 10,643 permits, compared to 10,053 permits in 2019. It also witnessed an increase in the number of diplomatic permits by 29%.

As for airports, the report added, Muscat Airport witnessed a decrease in passenger traffic by 75% in 2020 compared to 2019, and aircraft movement decreased by 68%.