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Air Arabia launches new route; Kuwait National Airways soars; 1time and Comair flat


Air Arabia was one of few carriers to witness a rise in shares on Tuesday (30-Mar-2010). During trading, the carrier's Moroccan unit launched three times weekly Casablanca-Montpellier service.

Kuwait National Airways (+5.9%) made strong gains, while Royal Jordanian (-0.5%) slipped and Jazeera Airways was flat.

In Africa, Lonrho (+4.2%) was the day’s only gainer. Kenya Airways ended trading flat, as did 1time and Comair, as the South African JSE All Share Index closed flat.    

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Selected African and Middle Eastern airlines share price movements (% change): 30-Mar-2010

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