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In the first half of the year (H1), Royal Jordanian Airlines (RJ) registered a net loss of JOD26.3 million (USD37.14 million), attributed to seasonality and a drop in the average fare.

Stefan Pichler, CEO, RJ, summarised that in H1 revenue fell one percent year-on-year, the number of passengers jumped six percent, while seat load factor climbed six points to 68 percent.

However, in June, the carrier achieved a net profit JOD1.5 million (USD2.12 million), compared to a JOD2.1 million (USD2.97 million) net loss in June 2016.

This success was recorded despite a 27 percent increase in fuel costs, which reached JOD10.5 million (USD14.83 million).

The number of passengers carried during the month rose 13 percent to 253,000, while seat load factor jumped 3.9 points to 64.1 percent.