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Kenya optimistic tourist arrivals would pass 1 million; Middle East shares stable


Kenya Airways (-0.6%) announced it had established a new 24-hour call centre to improve customer service and sales performance. It came as the Kenya Tourist Board (KTB) stated it is optimistic arrivals would pass 1 million by the end of 2010. Tourist arrivals in 1H2010 increased 20.5% year-on-year to 482,950.

South African LCC 1time (+3.2%) stated it is looking at additional opportunities to expand in Zambia. The carrier operates Johannesburg-Livingstone service and is assessing other destinations.

See related CAPA profile: Route changes

Middle Eastern shares were mostly stable with Jazeera, Royal Jordanian and Kuwait National Airways shares unchanged, while Air Arabia (+1%) rose slightly.

Selected African and Middle Eastern airlines share price movements (% change): 28-Jul-2010

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