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African airline shares decrease as Johannesburg Stock Exchange falls for fourth day


African airline shares were on lower on Friday, with Lonrho (-6.4%) and Kenya Airways (-0.5%) down while Comair and 1time remained flat. The Johannesburg Stock Exchange slipped for the fourth straight day by -0.57%.

Air Arabia (+1.3%) was the only carrier to rise on Friday (25-Jun-2010), while Kuwait National Airways was steady and Jazeera Airways (-3.6%) and Royal Jordanian (-2.4%) dropped.

Selected African and Middle Eastern airlines share price movements (% change): 25-Jun-2010

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