Royal Jordanian As the new millennium was approaching, the government of the Kingdom of Jordan undertook a deep analysis of its national carrier, which had failed to produce profits for many years and had amassed a debt of nearly $700 million. The result was unequivocal, and a first in a region where governments are investing vast amounts of money in their carriers to fly the flag: Privatization. A debt restructuring plan was put into place and in February 2001 Royal Jordanian was ...

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