Royal Jordanian Enters into its Fiftieth Year
Saturday, 15 December 2012
Naser Lozi chairman of the board of directors, Amer Hadidi president and chief executive officer and Sen. Akel Biltaj, board member
Amman, Royal Jordanian marks the fiftieth year since it incorporation. On this occasion, the airline organized a ceremony at Queen Alia International Airport to reveal the 50th anniversary logo on the airlines' aircraft that flew from Amman to Beirut.
The Lebanese capital was the first Royal Jordanian destination, in 1963, the year that saw the launch of the national carrier of Jordan.
Naser Lozi chairman of the board of directors, Amer Hadidi president and chief executive officer and Sen. Akel Biltaj, board member were present at the ceremony.
Lozi said “When His Majesty King Hussein launched Alia – as RJ used to be named –on Dec. 15, 1963, he wanted it to be the national carrier of the Hashemite Kingdom of Jordan, with the aim of contributing to the progress of Jordan and promoting interaction with other cultures and establishing relations with other nations"
"The airline’s history is full of great accomplishments achieved with the royal guidance that RJ received over the past five decades. These achievements can be attributed to the fact that the company enjoys qualified and well trained employees who could, over the years, make the vision of what the national carrier of Jordan should be – a modern, developed airline, capable of reflecting the bright image of the country to the world – a reality.
"2007 saw the airline shares being listed on the Amman Stock Exchange, at a capital of JD84.4 million, after the privatization and restructuring of the airline were completed; the company became a public shareholding company, in 2001."
Jordanians now own around 70% of the shares, of which 26% belong to the Jordanian government, 10% to the Social Security Corporation and 3% to the armed forces. Additionally, shares were granted to RJ employees,
Amer Hadidi, president and chief executive officer said "RJ has had a strategic plan over the past years aiming at boosting and promoting its services in different fields. The most prominent feature of the plan was the fleet renewal, expanding the route network, increasing flight frequencies, improving ground and in-flight services, and improving the on-time performance. The airline was successful in executing this strategy that went in parallel with the process of transforming the company into a public shareholding entity. Most of its shares are owned by the Jordanian private sector."
"The remarkable progress of the airline since its establishment is made all the more obvious when comparing the financial and operational results of 1964 to those expected at the end of 2012: the number of carried passengers increased from 87,000 in 1964 to more than 3.3 million in 2012 and the number of yearly flights from 4,193 to 39,000.
"Revenues increased from JD1 million at the end of 1964 to this year's expected JD750 million. This directly reflects an increase of the employee productivity from JD4,000 in 1964 to JD169,000 in 2012 ."
"At the end of last month, RJ completed its medium-range fleet modernization program, which it launched at the beginning of 2011. The program included replacing five operating A320s and A321s with five new ones of the same models, and introduced two additional A320s to further increase seat capacity and thus be able to accommodate the growing demand on travel year on year.
"RJ is now preparing to introduce Boeing 787s (Dreamliners) that will operate on the long-haul network. The first batch is expected to join RJ as of 2014. The planes will gradually join the fleet in the course of four years, to replace the currently operating A340s and A330s."
Royal Jordanian commenced its operations with two aircraft, a Handley Page Dart Herald and a DC7, flying to three destinations; now the fleet consist of 33 aircraft flying to 60 cities spread over four continents. The number of RJ employees increased from 250 in 1964 to 4,500 today.