Subscribe Free
in Air Transport / Business & Finance

Royal Jordanian sees 2018 improvements across the board

Posted 28 April 2019 · Add Comment

There were smiles at the Royal Jordanian annual meeting today as the national carrier announced a marked improvement in its performance figures to shareholders.


Chairman Said Darwazeh said the figures showed “noticeable improvement” in the operational and financial key performance indicators (KPI) including revenues, grows profit and passenger numbers amongst others.
Darwazeh said there had been an 8% increase ($67m) in revenues to $921million thanks to a 4% increase in passengers from 3.1 million to 3.3 million.
The airline’s CEO, Stefan Pichler said that despite rising fuel costs the airline grew its net operating profit of $26.8 – a rise of 47% over the previous year.
Pichler said cargo sales also improved as did ancillary revenues.
Thanking the RJ employees for their efforts in aiding the cost reduction as well as introduction of other initiatives, Pichler said Royal Jordanian had improved its unit revenues by 5% against last year, and fleet utilization from 11.4 hours/day per aircraft in 2017 to 12.1 hours/day per aircraft in 2018, a 6 % growth.
He added that RJ’s unit cost, excluding fuel, was 4% below 2017. Overall, RJ employee productivity went up by 7% over 2017.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Etihad Airways increases flights to Riyadh

Etihad Airways has announced a fourth daily flight on its route from Abu Dhabi to Riyadh effective 8 December.

Emirates SkyCargo strengthens its pharma corridors initiative

Emirates SkyCargo flew over 75,000 tonnes of pharmaceuticals across the world during the Financial Year 2018/19.

Emirates adds in-app Airport Maps feature to guide passengers through the airport

Emirates has launched a new feature on its app called Airport maps which will allow customers to navigate seamlessly through the airport. The Airport maps can detect the user's location (via Bluetooth and wifi) and provide point to point

Turkish Airlines adds Xi’an to its route network

Turkish Airlines is connecting Xi’an to its flight network as its fourth destination in mainland China after Beijing, Shanghai and Guangzhou on the 20th year of its presence in the country.

Oman Air recognised as one of the cleanest and quietest airlines serving LHR

Oman Air has again been recognised as the one of the cleanest and quietest airlines serving London’s Heathrow Airport (LHR).

Airbus to showcase ‘Future of Flight’ at Dubai Airshow 2019

Airbus will showcase its range of innovative technologies, products and services from market leading commercial and military aircraft to helicopters and space systems at next week’s Dubai Airshow.

TAA SK0907311219
See us at
DIAC19_BT0509161119Dubai AS BT2006211119AVAFA20BT2607050320AVMENA20 BT1309100620