Bloomberg News

Royal Jordanian CEO Hussein Dabbas Resigns, Spokesman Says

April 17, 2012

Royal Jordanian Airlines (RJAL) said Chief Executive Officer Hussein Dabbas resigned to take another job, less than three years after he was appointed to run the carrier.

Dabbas “decided to resign because he believes it is time for a change in the company and it is time for new ideas to develop the company,” Basel Kilani, a spokesman at the Amman- based airline, said by phone. Dabbas will leave his post in June to take the new job, he said, without elaborating.

Dabbas said on April 1 that it was “a must” for state- controlled Royal Jordanian, a member of the British Airways-led Oneworld airline alliance, to merge with a larger carrier as high fuel prices, competition from local rivals and a sluggish economy squeeze earnings. Royal Jordanian, founded in 1963 and one of the Middle East’s oldest airlines, reported a loss of 57.9 million dinars ($82 million) in 2011.

The airline, which scrapped more than 1,300 flights last year as political unrest in the Middle East and the European sovereign-debt crisis hurt demand, has abandoned four routes this year and cut the number of flights on others.

Dabbas has been chief executive officer of Royal Jordanian Airlines since August 2009, according to the company’s website. He first joined the airline in 1979.

To contact the reporters on this story: Mohammad Tayseer in Amman, Jordan, through the Dubai newsroom at mtayseer@bloomberg.net; Nayla Razzouk in Dubai at nrazzouk2@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net


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