Royal Jordanian Q1 figures show impact of virus
The group recorded a $35.8 million loss overall as revenues on the airline activities fell 21% to $160m while costs were only reduced by 6% to $164 million
In a statement the Amman-based group said the Jordanian government’s decision to suspend passenger services from 17 March significantly affected its revenues to “unprecedented levels”.
The government has recognised this and has provided a “comfort letter” that is will aid the airline through the recovery. The carrier has already rescheduled leases and loan payments and received a $70 million financial injection from its shareholders,
Image: Royal Jordanian
Stay up to date
Subscribe to the free Times Aerospace newsletter and receive the latest content every week. We'll never share your email address.