Faced with a significant rise in fuel costs, Royal Jordanian reported a third-quarter (3Q) net profit decline of 28% to JD22.9 million ($32.3 million) compared to the year-ago period. The Jordanian flag carrier’s fuel bill increased 43% to JD41.3 million year-over-year (YOY). To deal with fuel costs, the company has been offering “continuous sales promos,” president and CEO Stefan Pichler said. The marketing efforts contributed to a 7% 3Q increase in ...

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