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20-Jan-2012 12:24 PM

Royal Jordanian reports net loss in 3Q2011

Royal Jordanian Airlines revenue up 8% – financial highlights for three months ended 30-Sep-2011:

  • Revenue: USD309.7 million, +8.2% year-on-year;
    • Passenger: USD213.5 million, +5.1%;
    • Cargo: USD14.1 million, -4.9%;
    • Excess baggage: USD2.8 million, -17.3%;
  • Cost of sales: USD286.9 million, +19.9%;
  • Gross profit: USD22.8 million, -51.3%;
  • Net profit (loss): (USD4.2 million), compared to a profit of USD29.4 million in p-c-p;
  • Total assets: USD537.7 million, -1.1% when compared to period ended 31-Dec-2010;
  • Cash and bank balances: USD60.9 million, -3.7% when compared to period ended 31-Dec-2010;
  • Total liabilities: USD433.4 million, +14.1% when compared to period ended 31-Dec-2010. [more – original PR]

*Based on the conversion rate at JOD1 = USD1.41243

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