The funds, according to the company, will help cover losses following the Corona crisis and finance the ordering of new aircraft, with the aim of doubling the aircraft fleet in the next five years.
The financial problems of the airlines do not miss the neighbors to the east either. Royal Jordanian, Jordan’s national airline, is seeking government assistance in the estimated amount (according to Bloomberg), of $ 282 million. According to Royal Jordanian, the corona crisis caused the company a large financial loss. The restrictions imposed by the Jordanian government and the cancellation of international flights forced the airline to be content, like other airlines in the world, with flying cargo.
The funds, according to the company, will help cover the losses and finance the order of new aircraft, with the aim of doubling the aircraft fleet in the next five years. The financial assistance required from the state will be in two stages: $ 141 million to cover its operations throughout the first half of 2022 and the rest in amounts and schedules not yet defined.An abbreviated address for this article: https://www.ias.co.il?p=121860
Source: IAS by www.ias.co.il.
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