StockMarketWire.com - John Menzies said Oman Air and Menzies Aviation have formed a joint-venture partnership that will provide ground handling services at all airports across Oman.

The companies have signed a Memorandum of Understanding confirming their intention to work together.

They will now enter a period of due diligence and focus on regulatory requirements, with the aim of forming the joint venture within the last quarter of 2016.

The move is the latest step by Oman Air towards reconfiguring its handling businesses.

The joint venture will offer ground handling at nine airports across Oman, including Oman Air's key hub operation in Muscat. The venture will employee some 2,500 people and handle over 50,000 aircraft turnarounds per annum.





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