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Royal Jordanian swings to 1H2010 loss as operating costs rise 20%

30-Jul-2010 12:32 PM

Royal Jordanian reported the following financial/traffic highlights for the 12 months ended Jun-2010 (Reuters, 29-Jul-2010):

  • Revenue*: USD441.8 million, +13.9% year-on-year;
  • Operating costs: +20%;
  • Net profit: (USD10.2 million) compared to a net profit of USD10.9 million in the previous corresponding period;
    • 1Q2010: USD6.5 million;
    • 2Q2010: (16.6 million).

* Based on an exchange rate of 1 JOD = 1.41084 USD