ATW Daily News
Royal Jordanian reports bumper third-quarter profit
Thursday October 29, 2009Royal Jordanian reported a JOD25.5 million ($35.7 million) profit through the first nine months of 2009, reversed from a JOD3.8 million loss in the year-ago period, implying third-quarter earnings of approximately JOD17.8 million (ATWOnline, July 30). It posted a profit of some JOD200,000 in the third quarter of 2008. Operating revenue through the nine-month period fell 16% year-over-year to JOD449 million, but fuel costs plunged 50% and "operational costs" dropped 20% on a 4% cut in capacity. Passenger numbers were down 3%, RJ said, load factor declined 8 points to 67% and yield fell 14% to JOD185.
Other headlines:
- BA sets strike schedule as government weighs in
- Swiss leads Lufthansa's airline pack
- CO becomes final US legacy to pull complimentary domestic food service
- FAA issues emergency AD on 737 elevator tab control mechanisms
- American cancels 75 pilot furloughs planned for April 1
- Lufthansa plans continuing cabin upgrades
- Fourth Dreamliner takes off
- British Airways cabin crew to strike for seven days this month
- Gol swings to $504 million 2009 profit with reoriented network
- AA contends with FAA's proposed fines, unhappy unions
ATW Media Group
If you have a technical question about this site, please contact the Webmaster
Privacy Statement ·
Terms of Use ·
Digital Dropoff ·
Media Kit
Copyright ©2010 Penton Media, Inc.
XML
Podcasts
