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Royal Jordanian Airlines only carrier to gain; Air Arabia down; Jazeera Airways flat

Analysis

Royal Jordanian (+2.0%) was the only Middle East/African carrier tracked by CAPA to gain on Friday (+2.0%), despite the Amman Stock Exchange closing in negative territory for the second consecutive week, down 0.9%.

Also in the Middle East, Air Arabia (-1.1%) was down, while Kuwait National Airways (+0.0%) and Jazeera (+0.0%) were flat.

In Africa, Kenya Airways (-1.0%) was down, while 1time (+0.0%) was flat.

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Selected African and Middle Eastern airlines share price movements (% change): 29-Jan-2010

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