
Heavy first-half losses for Royal Jordanian Airlines
2nd August, 2011
Royal Jordanian Airlines has not been able to escape the impact of the Arab Spring and higher oil prices, with the carrier reporting a loss of JOD39.2 million (USD55.3 million) for the first six months of the year, compared with a JOD7.7 million loss for the same period in 2010. [764 words]
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This report contains the following subheadings:
- Arab Spring and European debt crisis affect traffic and yields
- Fuel exceeds 40% of costs
This report contains the following charts and tables:
- Royal Jordanian Airlines: Net profit/loss – 2001 to 1H2011
- Royal Jordanian revenue by region
- Royal Jordanian fuel costs: 2005 to 1H2011
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