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The growing number of passengers lifted the seat load factor by 4.4 percent in the comparison period, from 68.4 percent to 72.8 percent The growing number of passengers lifted the seat load factor by 4.4 percent in the comparison period, from 68.4 percent to 72.8 percent

RJ Significantly Improves Financial Performance in H1

Royal Jordanian’s (RJ) financial results for the first half (H1) of this year show that the company register remarkable progress in the financial and operational performance despite the 27 percent increase in its fuel bill.

RJ revenues grew from JOD284 million (USD400.28 million) in the first half of 2017 to JOD317 million (USD446.79 million) in the same period of this year, a 12 percent increase.

However, operational expenses went up by four percent from JOD271.4 million (USD382.52 million) in H1 2017 to JOD283.4 million (USD399.44 million) in the comparison period of this year due to the increase in fuel bill from JD59.2 million (USD83.44 million) to JOD74.9 million (USD105.57 million).

Stefan Pichler, CEO, RJ, noted non-stop promotions in the first half of this year resulted in six percent more passengers during this period.