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Royal Jordanian signs agreement with Global Collect

Analysis

Royal Jordanian signed a service agreement on Monday with Global Collect, a premier payment service provider of local e-payments, to process its online credit card payments, covering over 25 currencies throughout the Middle East, North Africa, Europe, Asia and North America.

Soon, the agreement will also allow RJ passengers to buy their tickets upon calling the RJ call centre and provide RJ agents with information on their credit cards. The airline's shares eased 1.3% yesterday.

Elsewhere, South Africa's 1Time dropped 6.9%, while Air Arabia was flat.

Selected Middle East airline daily share price movements (% change): 30-Mar-2011

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