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(From MENA Business Reports)
The International Finance Corporation, the private sector arm of the World Bank Group, has been appointed by the Executive Privatization Committee of the Jordanian government to conduct a feasibility study to determine the viability of privatizing Royal Jordanian Airlines. The study will be undertaken by IFCs technical assistance facility that supports private sector development in the Middle East and North Africa, PEP-MENA.
Royal Jordanian Airlines began operations in 1963, flying three international routes with a limited number of aircraft. Today, Royal Jordanian, with its hub at Queen Alia International Airport in Amman, …