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Middle East airline shares a mixed bag while African shares rise

Analysis

Middle East carrier stocks were mixed on Monday (31-May-2010) with Kuwait National Airways remaining steady while Royal Jordanian Airlines dropped 1.8% and Air Arabia (+0.6%) gained slightly.

African carriers fared better with Comair (8.2%) and Kenya Airways (0.9%) rising, and 1time remaining stable.

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Selected African and Middle Eastern airlines share price movements (% change): 31-May-2010

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