Loading

Air Mauritius gains, Air Arabia falls

Analysis

Airline shares in the Middle East were mixed on Thursday.

Air Mauritius rose 2.1% - the most in two weeks - as it announced plans to increase the number of seats available by 6.3% to a record 1.85 million, due to rising demand.

Meanwhile shares across the Gulf region fell reflecting rising political tension in Egypt, Tunisia and Yemen. Air Arabia, which has a hub in Alexandria (Egypt) fell 2% - its biggest single day fall since early Nov-2010.

Selected African and Middle Eastern airlines' share price movements: (% change): 27-Jan-2011

MEAAD

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More