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Kenya Airways to add four additional routes in 2010; Royal Jordanian expects antitrust immunity

Analysis

European regulators are expected to grant antitrust immunity to the proposed commercial cooperation agreement between five oneworld carriers - British Airways, Iberia, Finnair, Royal Jordanian Airlines (+0.6%) and American Airways.

Meanwhile, Middle Eastern shares were a mixed bag with Jazeera (-1.7%) and Air Arabia (-0.9%) down while Kuwait National Airways (+1%) shares rose.

Kenya Airways (-0.5%) expects to add four additional routes before the end of 2010, bringing the total to seven. The carrier added seven new routes in 2009. The newest addition will be Angola, which will become its 50th destination when Nairobi-Luanda service commences 17-Aug-2010.

See related CAPA profile: Route Changes

Selected African and Middle Eastern airlines share price movements (% change): 13-Jul-2010

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