Air Arabia launches new route; Kuwait National Airways soars; 1time and Comair flat

Air Arabia was one of few carriers to witness a rise in shares on Tuesday (30-Mar-2010). During trading, the carrier's Moroccan unit launched three times weekly Casablanca-Montpellier service.

Kuwait National Airways (+5.9%) made strong gains, while Royal Jordanian (-0.5%) slipped and Jazeera Airways was flat.

In Africa, Lonrho (+4.2%) was the day’s only gainer. Kenya Airways ended trading flat, as did 1time and Comair, as the South African JSE All Share Index closed flat.    

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): 30-Mar-2010