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Kuwait National Airways rebounds; 1time and Kenya Airways fall


Kuwait National Airways (+3.7%) shares rebounded on Thursday (+3.7%) more than making up for the previous day's losses. Also in the Middle East, Jazeera Airways (+2.1%) and Royal Jordanian Airlines (+0.5%) made gains, while Air Arabia (-1.1%) ended trading down.

In Africa, 1time Holdings (-0.9%) slipped, as the South African FTSE/JSE Africa All Share Index suffered its biggest fall in over five months. Kenya Airways (-1.9%) was also down, as Kenya’s All-Share Index (-0.1%) made its first fall in four days, after Finance Minister, Uhuru Kenyatta, stated the country will require a second economic stimulus package for its 2010-11 budget, to allow growth to continue and improve living standards.

Elsewhere, kulula has rebranded its aircraft, which now features a cheeky green livery designed to eliminate silly questions from passengers...

kulula aircraft

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Selected African and Middle Eastern airlines share price movements (% change): 04-Feb-2010

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