Loading

Middle East shares a mixed bag; 1time signs tourism agreement: MEAD Share Wrap

Analysis

Middle East shares were mixed on Thursday (03-Jun-2010) with Royal Jordanian Airlines (3.8%) and Air Arabia (2.6%) rising, Jazeera steady and Kuwait National Airways dropping by -2%. The Kuwait Stock Exchange (0.08%) and Amman Stock Exchange (1.64%) both marginally increased.

In Africa, Lonrho (4.6%) shares were up, Kenya Airways stable while Comair (-4.7%) dropped. 1time (-1.9%) reportedly signed an agreement with Cape Town Tourism and Cape Town Routes Unlimited to promote tourism in Cape Town for the 2010 FIFA World Cup.

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): 03-Jun-2010

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More