My Account Menu

CAPA Login


Register to trial CAPA Membership!

Air Arabia watching markets on fare increase

3-Mar-2011

Air Arabia is watching the effects of fare increases in the Gulf region before deciding whether to raise its own prices. Emirates recently raised fares in the face of higher fuel costs and other carriers are monitoring markets and fuel prices.

In trading on Wednesday, several Middle Eastern listed airlines finished lower. Jazeera Airways declined 3.3%, while Air Arabia fell 3.1% and Royal Jordanian dropped 2.6%.

Selected MEAAD daily share price movements (% change): 02-Mar-2011


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.