Oman Air CEO Take Delivery of New Boeing

SEATTLE, July 2, 2003—Oman Air CEO Abdul Rahman Al Busaidy completed a week-long trip to the United States with delivery ceremonies for the airline`s latest addition to its Boeing fleet, a new 737-800.

Busaidy began his U.S. trip in Washington, D.C., meeting with Exim Bank officials, and culminated his tour with a visit to Seattle, where he was hosted by Boeing Commercial Airplanes` President and CEO Alan Mulally and other company executives.

Oman Air`s Boeing 737-800 was purchased as part of a five-airplane order and was arranged through Exim Bank. These airplanes will replace Oman Air`s fleet of older Boeing and Airbus airplanes.

“These new 737s have proven to be the right choice for our expansion plans,” said Abdul Rahman Al Busaidy. “We have achieved unprecedented levels of reliability and profitability. We are delighted with this airplane and the ongoing support we receive from Boeing.”

Oman Air recently received JAR 145 Certification in recognition of excellence in maintenance.

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“Oman Air introduced Boeing`s new family of 737s to the Middle East and already has set the standard for operational efficiency and profitability in the single-aisle market,” said Doug Groseclose, senior vice president of International Sales, Boeing Commercial Airplanes. “The Next-Generation 737 is the technological leader in its market.”

For more information on Oman Air, please visit its Web site at http://www.oman-air.com/.

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