24-Feb-2011 1:33 PM

Royal Jordanian Airlines net profits plummets 66% in 2010

Royal Jordanian Airlines reported a 66% year-on-year decline in net profit to USD13.5 million as fuel costs jumped 35% to USD285.9 million in 2010 (Bloomberg, 23-Feb-2011). Operating costs jumped 20% to USD849.3 million during the period.

*Based on the conversion rate at JOD1 = USD1.40845

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More