ROYAL JORDANIAN FALLS 66% ON HIGHER FUEL COSTS

Dino D'Amore
By Dino D'Amore February 24, 2011 11:28

ROYAL JORDANIAN FALLS 66% ON HIGHER FUEL COSTS

Royal Jordanian has reported consolidated net income of JOD9.6 million ($13.5 million) for 2010, down 66% compared to income of JOD28.6 million in 2009. The airline blamed a 35% increase in the fuel bill. Operating revenues were up 14% to JOD685 million. The airline carried 3 million passengers in 2010, up 13%, while load factor was at 71% from 68% in 2009.

Dino D'Amore
By Dino D'Amore February 24, 2011 11:28
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