Royal Jordanian reported consolidated net income of JOD9.6 million ($13.4 million) for 2010, down 66% compared to income of JOD28.6 million in 2009. RJ Board Chair Nasser Lozi said that a 35% increase in the airline's fuel bill was a major contributor to the profit decline. Operating revenues climbed 14% to JOD685 million.
Royal Jordanian reported consolidated net income of JOD9.6 million ($13.4 million) for 2010, down 66% compared to income of JOD28.6 million in 2009. RJ Board Chair Nasser Lozi said that a 35% increase in the airline's fuel bill was a major contributor to the profit decline. Operating revenues climbed 14% to JOD685 million. President and CEO Hussein Dabbas said that RJ was able to increase its market share and the number of passengers carried by 13% over 2009, "despite the rising ...
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