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Royal Jordanian Air exploring sale of its first bonds

Bumpy ride: Royal Jordanian may sell a Syariah- compliant or conventional security in Q2 2014. - FILE PHOTO

[DUBAI] Royal Jordanian Airlines, the unprofitable carrier seeking a merger, is exploring a sale of its first bonds or sukuk along with more shares to prop up a balance sheet hurt by fuel costs and a local travel slump.The company may sell a Syariah-compliant or conventional security in the