Royal Jordanian (RJ) reported a first-half net income of JD1.5 million ($2.1 million), reversed from a JD12.7 million net loss a year ago, as the carrier said it continues to see positive results from its turnaround plan. While revenue rose just 1% year-over-year (YOY) to JD316.3 million, operating expenses decreased 5% to JD264 million. CASK was down 3% for the period and the airline’s fuel bill was 5% lower. The results showed “significantly improved key performance ...

Subscribe to Access this Entire Article

"Royal Jordanian returns to 1H profit on turnaround measures" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.