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Boeing delivers 900th B777 to Ethiopian Airlines; 1time shares up 1.1%

Analysis

Boeing confirmed (17-Nov-2010) the delivery of its 900th B777 aircraft to the unlisted Ethiopian Airlines. The aircraft is the ultra-long-range B777-200LR Worldliner, and is the first of five 777s the carrier placed on order in 2009. The carrier will use the 777-200LRs on new, non-stop Washington DC-Addis Ababa service and new long-haul, non-stop routes such as Beijing.

Middle East and African shares remained relatively stable on Thursday (18-Nov-2010) while Kenya Airways (+0.6%), Air Mauritius (+0.6%) and 1time (+1.1%) rose slightly.

Selected African and Middle Eastern airlines share price movements: (% change 18-Nov-2010)

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