23-Jun-2010 3:45 PM
Air Arabia launches Alexandria-Amman service; African shares mixed
Analysis
Air Arabia (-1.6%) launched (22-Jun-2010) four times weekly Alexandria-Amman service. The airline recently announced plans to launch its fourth hub in Amman and offers services to Khartoum, Kuwait and Amman from Alexandria.
See related CAPA Profile: Route changes
In other Middle East news, Kuwait National Airways (-2%) and Royal Jordanian (-1.2%) fell while Jazeera Airways remained flat.
1time (-2.9%) and Kenya Airways (-1.6%) dropped, Comair remained steady and Lonrho (+4.2%) rose, while the Johannesburg Stock Exchange fell -0.4%.
Selected African and Middle Eastern airlines share price movements (% change): 22-Jun-2010
