18-Jun-2010 4:37 PM
Royal Jordanian to lease seven aircraft; HSBC Holdings upgrades Air Arabia rating
Analysis
Royal Jordanian (-2.4%) fell on Thursday (17-Jun-2010) following a joint announcement with AWAS for the lease of seven new Airbus aircraft to replace six currently in the fleet. The lease involves four A320s, two A321s and an additional A320 to be assimilated into the fleet.
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