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...

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