The first nine months has been very positive for Royal Jordanian airline who registered net profits before tax of JOD27 million.
This is for the first nine months of 2015, against JOD15.7 m net loss during 2014, marking an increase of 272%. The net profit after tax for first nine months of 2015 reached JOD21.4 m, an increase of 236% over last year.
RJ’s chairman of the board of directors Suleiman Hafez attributed noticeable growth in financial results to efficiency of staff and keenness to implement the board’s vision and the five-year strategic plan. The strategy focuses on restructuring in all areas, increasing revenues and reducing operating cost, while improving quality of services.
Hafez added that the company increased frequency of flights to certain destinations in response to greater demand on travel particularly in peak seasons. For instance, flights to Aqaba increased from 11 to 16 weekly. The airline will also open new destinations worldwide before the end of this year.