Royal Jordanian Director: We expect annual losses to drop to $ 100 million

Royal Jordanian Airlines vice president and chief executive officer Samer Al-Majali described the impact of the new Corona virus mutants as having less impact on air traffic than compared to the onset of the pandemic.

Al-Majali added in an interview with Al-Arabiya who in the coming days, it will be crucial in evaluating the effect of a mutant Omicron on vaccine efficacy, or government actions, towards updating travel restrictions.

He pointed out that Royal Jordanian recorded losses of $ 200 million last year due to the repercussions of the pandemic.

He said that most of the countries from which the new mutant was launched have begun to impose travel or traveler restrictions, such as quarantine requirements, but the concern is that these restrictions will expand.

Al-Majali expressed the hope that governments will not take global measures and that the measures will remain in the context of a partial siege, due to the emergence of the new mutation.

He expressed his optimism with Royal Jordanian that he established a plan to double the size of the fleet over the next five years, describing the general atmosphere as being supported by vaccinations and prevention, leading to the recovery.

Regarding the expectations on the performance financial company, Al-Majali explained that losses are expected to drop below $ 100 million, reduce losses to $ 50 million in 2022 and reach parity in 2023.

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