After four consecutive years in the black, Royal Jordanian suffered a JOD23.4 million ($32.8 million) net loss in 2008 as it absorbed JOD46.7 million in fuel hedge losses after reporting a JOD20.4 million profit in 2007. Operating revenue rose 29% to JOD703 million on a 14.1% increase in passenger numbers to 2.7 million. Yield grew 11% due to the increased ticket prices necessitated by soaring fuel costs. RJ's fuel bill jumped nearly 73% to around JOD285 million. It posted an JOD18.7 million ...

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