Royal Jordanian said yesterday that it posted a 2006 net profit before deducting "taxes and staff incentives" of JOD7.4 million ($10.4 million), its third consecutive profitable year but down 64.8% from the record JOD21 million earned in 2005 before distributing a profit share to staff. The airline said hostilities in the region during 2006 dampened tourism and increases in fuel prices went unmatched by a rise in ticket prices because it was "keen on easing travel expenses on passengers." ...

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