Profits At Royal Jordanian

MIDDLE EASTERN carrier Royal Jordanian (RJ) has announced a profit of $40.1 million for 2009, which is a large improvement on the $34 million loss in 2008, citing the drop in fuel costs and “capacity management” as reasons for the turnaround. Operating revenue fell 15%, a slide that the carrier said included a “remarkable regression in cargo.” MIDDLE EASTERN carrier Rovyal Jordanian (RJ) has announced a profit of $40.1 million for 2009, which is a large improvement on the $34 million loss in 2008, citing the drop in fuel costs and “capacity management” as reasons for the turnaround. Operating revenue fell 15%, a slide that the carrier said included a “remarkable regression in cargo.” RJ transported 2.7 million passengers in 2009 (down 1%), while yield declined 13% − attributed to falling ticket prices “in response to the decrease in oil prices” and “sharp competition.” However, cargo traffic reduced by 27%. RJ transported 2.7 million passengers in 2009 (down 1%), while yield declined 13% − attributed to falling ticket prices “in response to the decrease in oil prices” and “sharp competition.” However, cargo traffic reduced by 27%.