1Time Holdings forecast a "tough trading environment” in 2011, with high oil prices putting pressure on yields and volumes. Shares in the company - which operates South African LCC 1time - were down 1.4% yesterday.
Also down were shares in Kenya Airways, with the stock losing 5.3% yesterday. Shares in the company have slumped almost 15% this week. Royal Jordanian shares were stronger yesterday, up 4.5%
Selected MEAAD daily share price movements (% change): 17-Mar-2011
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