Air Arabia to offer additional services in June and July
African shares were mixed on Tuesday (15-Jun-2010) with Comair and Lonrho flat while Kenya Airways (-1.5%) fell and 1time (+5.8%) rose.
Fresh from the announcement of plans to establish a JV in Jordan, Air Arabia (-0.7%) announced it will offer additional services throughout Jun/Jul-2010 between Sharjah and Amman, Damascus and Alexandria (an additional four services per sector), due to increasing seasonal demand.
Jazeera Airways (-3.3%) and Royal Jordanian (-0.6%) declined, while Kuwait National Airways remained steady.
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): 15-Jun-2010