Royal Jordanian still profitable, but rising fuel costs dent full-year result
Royal Jordanian has emerged from a tough 2010 profitable once more, although not completely unscathed. The Jordanian carrier’s full year results were dented by a 35% rise in fuel costs, spilling over into a 20% increase in overall operating expenses. [798 words]
Unlock the following content in this report:
- Beating its targets
- Outlook: More competition and higher oil prices, possible LCC unit
Graphs and data:
- Royal Jordanian net profit/loss: 2001 to 2010
- Royal Jordanian passenger traffic & load factor: 2001 to 2010
- Royal Jordanian international capacity by region (28-Feb-2011 to 06-Mar-2011)
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