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Royal Jordanian reports 13.9% year-on-year rise in revenue; Lonrho to launch Angolan hub

Analysis

Royal Jordanian's shares remained stable on Thursday (29-Jul-2010). On the same day, the carrier released its financial/traffic highlights for the 12 months ended Jun-2010 with a 13.9% year-on-year rise in revenue to USD441.8 million and a net loss of USD10.2 million, compared to a net profit of USD10.9 million in the previous corresponding period.

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