The meeting was chaired by the Board of Directors Chairman Said Darwazeh, in the presence of Royal Jordanian President and CEO Stefan Pichler.

The company’s financial results have shown remarkable improvement in the net profits achieved in the first nine months of 2019, which stand at JD24.4 million after tax, compared to JD10.2 million for the comparison period of 2018, or a 139% increase. 

“The company has continued to post positive financial and operational results in 2019 due to the turnaround plan, launched in the last quarter of 2017, which we are implementing and which aims at enhancing RJ’s financial and operational performance, as well as raising the standard of services we offer our guests. All is done following a clear plan supported by the Board of Directors, a plan that set the ambitious goal of enhancing RJ’s presence and competitiveness regionally and globally, and strengthening its strategic role as the national carrier and a bridge connecting Jordan and the Levant with the world.”

Pichler added that the airline posted a net profit of JD1.5 million in the first half of 2019 and, as the trend shows, continues to register profits; it registered a net profit of JD22.9 million after tax in the third quarter of this year, bringing the net profit for the first nine months of 2019 to JD24.4 million.