Comair planning to issue up to 69 million new shares
Also in South Africa, 1time Holdings (-4.6%) was also down. The decline was despite a 0.7% rise in South Africa's JSE All Share Index, which was up on positive economic trade data from China.
Elsewhere in Africa, Lonrho was flat, while Kenya Airways (+4.2%) ended trading up.
In the Middle East, Air Arabia (-1.0%) was down, as was Jazeera Airways (-0.9%), despite a flat Kuwait Stock Exchange. Kuwait National Airways was flat. Royal Jordanian Airlines (+0.5%) ended trading up slightly, moving with the Amman Stock Exchange (+0.4%).
The Centre for Asia Pacific Aviation (CAPA) has launched a unique new strategic business information service covering one of the world's most exciting emerging aviation markets. Middle East-Africa Airline Daily is an efficient morning briefing on airline developments from both regions. Covering fleets, routes, financials, traffic, bilateral agreements, alliances, financing, ownership, along with analysis of all significant developments, it is your one-stop shop to aviation news from Africa and the Middle East - and best of all it's free for a limited time. Sign-up today!
Selected African and Middle Eastern airlines share price movements (% change): 10-Mar-2010