Air Arabia and Kenya Airways make gains, Kuwait National Airways, 1time down

Both Air Arabia (+4.4%) and Kenya Airways (+3.0%) made solid gains on Wednesday (04-Feb-2010). Kenya Airways’ shares moved with the wider market, with the All-Share Index (+0.1%) up for a third consecutive day.

Also in Africa, 1time (-1.7%) retreated from its previous day gains, despite a rise South Africa’s FTSE/JSE Africa All Share Index (+1.2%).

Elsewhere in the Middle East, Kuwait National Airways (-1.8%) was down, as was Royal Jordanian Airlines (-0.5%), while Jazeera Airways (+0.0%) was stable.

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Selected African and Middle Eastern airlines share price movements (% change): 04-Feb-2010