Royal Jordanian posts net loss in 2016
Credit: Rob Finlayson
Royal Jordanian reported a 2016 net loss of JD24.6 million ($34.5 million), a sharp reversal from 2015’s net profit of JD16 million. The Jordanian national carrier cited hefty provisions for foreign exchange losses for the negative results. Royal Jordanian also was affected by reduced yields over...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
