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FINANCIAL NEWS
Abu Dhabi’s Royal Jet revenues rise 32% by September
09 Nov 2011
(MENAFN) Abu Dhabi-based Royal Jet reported 32 percent increase in revenues during the first nine months of 2011, Arabian Business reported.
The company’s CEO Shane O’Hare said that Royal Jet benefited from improved operational efficiencies across every area of its business as a result of business re-alignment programme completed earlier this year.
O’Hare expected to keep the growth trajectory through the end of this year and 2012, based on current market forecasts.
This year, Royal Jet set up an operational base in Saudi Arabia, invested in its brokerage business and appointed new general sales agreements (GSAs) in Oman and India.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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