Air Arabia Egypt launched, Royal Jordanian commences Amman-Kuala Lumpur service


Air Arabia launched Air Arabia Egypt at a ceremony in Cairo yesterday. Air Arabia's operations from Egypt will commence on the Alexandria-Khartoum service and the carrier will initially operate two A320s. Further destinations will be announced shortly.

  • Air Arabia launches Air Arabia Egypt, starting with Alexandria-Khartoum service.
  • Royal Jordanian's shares drop after launching Amman-Kuala Lumpur service.
  • Jazeera's shares drop, while Kuwait National Airways remains steady.
  • Comair's shares fall, Kenya Airways' shares rise, and Lonrho and 1time's shares remain stable in African shares.
  • The Centre for Asia Pacific Aviation (CAPA) launches Middle East-Africa Airline Daily, a free briefing on airline developments in the region.
  • Share price movements of selected African and Middle Eastern airlines on 1st June 2010.

Royal Jordanian's (-4.2%) shares dropped back yesterday. The carrier launched three times weekly Amman-Kuala Lumpur service yesterday following a seven-year hiatus. In other Middle East news, Jazeera dropped (-1.4%) while Kuwait National Airways remained steady.

In African shares, Comair (-4%) fell, Kenya Airways rose (0.9%) while Lonrho and 1time's share prices were stable.

The Centre for Asia Pacific Aviation (CAPA) has launched a unique new strategic business information service covering one of the world's most exciting emerging aviation markets. Middle East-Africa Airline Daily is an efficient morning briefing on airline developments from both regions. Covering fleets, routes, financials, traffic, bilateral agreements, alliances, financing, ownership, along with analysis of all significant developments, it is your one-stop shop to aviation news from Africa and the Middle East - and best of all it's free for a limited time. Sign-up today!

Selected African and Middle Eastern airlines share price movements (% change): 01-Jun-2010

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