Royal Jordanian looks at modest 2009

Royal Jordanian has successfully ridden the wave of expansion and development in Middle East aviation following its turnaround over 2003 and 2004. Revenue, passengers numbers and its fleet have expanded, while keeping cost growth has been kept in check. The international financial crisis however, looks likely to put an end to the run of growth, with Royal Jordanian forecasting hard times to come over the next 12 months. [557 words]

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This report contains the following subheadings:

• Royal Jordanian revenue & operating profit: 2001 to 3Q
• Passenger traffic growth (RPKs) by region: 2008 & Dec-08
• Fleet growth winding up in 2009
• Full year net loss expected

This report contains the following charts and tables:

• Royal Jordanian revenue vs operating costs: 1Q08-3Q08