AMMAN — Royal Jordanian CEO
Samer Majali said on Tuesday
that the government is studying a possible raise to RJ equity capital; a
decision to that effect will be announced soon, according to Al Mamlaka TV.
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Majali added that
RJ seeks to translate King Abdullah’s vision of maintaining channels of
communication with the outside world by expanding its destination network to
reach the largest possible number of countries worldwide to promote outbound
and inbound travel and incentivize tourism and investments.
“His Majesty the
King and the government’s support to
Royal Jordanian enabled the national
carrier to begin its financial recovery in 2021, and since then there has been
a significant improvement in revenues and a reduction in losses by more than 54
percent,” said Majali.
Majali added that
work is in progress to increase outbound flights to 60 global destinations from
the current 35, as well as to modernize and upgrade its fleet, adding that the
number of aircraft, currently standing at 24, will be increased to 40 in the
next five years. Two aircraft, he noted,
will be converted to solely economy class to increase passenger capacity.
Majali listed a
few of the destinations that will be resumed or opened, including Switzerland,
Copenhagen and additional flight’s to Toronto and Montreal.
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