Shares in the Middle East were mixed again on Wednesday (16-Jun-2010) with Air Arabia (-1.8%) and Kuwait National Airways (-1%) down, Royal Jordanian flat and Jazeera Airways (+3.4%) on the rise.
Lonrho (-2.1%) fell after officially opening the Grand Karavia hotel in Lubumbashi, Democratic Republic of the Congo, reportedly the first international standard accommodation in the city.
In other African news, Kenya Airways (-2%) fell while the Johannesburg Stock Exchange was closed on 16-Jun-2010 for a public holiday.
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): 16-Jun-2010
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.