1Time Holdings reveals tough outlook for 2011

1Time Holdings forecast a "tough trading environment” in 2011, with high oil prices putting pressure on yields and volumes. Shares in the company - which operates South African LCC 1time - were down 1.4% yesterday.

Also down were shares in Kenya Airways, with the stock losing 5.3% yesterday. Shares in the company have slumped almost 15% this week. Royal Jordanian shares were stronger yesterday, up 4.5%

Selected MEAAD daily share price movements (% change): 17-Mar-2011