Fuel hedges drag Royal Jordanian to first loss in five years
After four consecutive years in the black, Royal Jordanian suffered a JOD23.4 million ($32.8 million) net loss in 2008 as it absorbed JOD46.7 million in fuel hedge losses after reporting a JOD20.4 million profit in 2007. Operating revenue rose 29% to JOD703 million on a 14.1% increase in passenger...
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