Royal Jordanian Airlines Expects Profits This Year Despite of Higher Oil, CEO Says

The transcript discusses the impact of rising oil prices on the airline industry, particularly for Royal Jordanian. It explores the company's conservative approach to budgeting and its strategic focus on the Levant region to avoid saturated markets. The potential for consolidation in the Middle East is considered, alongside plans for fleet expansion and financing. The company aims to maintain profitability by focusing on core destinations and exploring joint ventures for non-core operations.

What percentage increase in oil prices has been observed compared to last year?

• 60%

• 45%

• 32%

• 15%

What is Royal Jordanian's strategic focus region?

• Europe

• Gulf

• Levant

• Asia

What is the expected compound growth rate for Royal Jordanian over the next five years?

• 5%

• 7%

• 3.5%

• 2%

Which aircraft types are part of Royal Jordanian's current long-haul fleet?

• Airbus A320

• Boeing 787

• Bombardier CRJ

• Embraer 190

What percentage of new aircraft orders does Royal Jordanian plan to own?

• 70%

• 10%

• 30%

• 50%

Which new destination is Royal Jordanian planning to open next year?

• Chicago

• Los Angeles

• Washington

• New York

What percentage of Royal Jordanian's production was in the Gulf region last year?

• 24%

• 50%

• 40%

• 31%