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First quarter loss for Royal Jordanian

Airline Code [RJA]  View More Royal Jordanian Airlines News   
First quarter loss for Royal Jordanian
After a net loss of USD33 million in 2008, Royal Jordanian’s challengeshave continued into 2009, with the carrier reporting a loss of approximately USD12 million for the three months to 31-Mar-2009. The result is significantly worse than the USD6.2 million net loss reported for the same period last year. CEO, Samer Majali, has attributed the result to a decline in both passenger numbers and yield.

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(c) Centre for Asia Pacific Aviation. Date posted: 20-May-09

In-depth analysis of the Middle East airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential Middle East.

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