Air Arabia sets world record for A320; Wataniya takes delivery of seventh A320
- Passenger numbers: 300,000, +4.3% year-on-year;
- Passenger load factor: 74.1%, +0.4 ppt;
- On-time performance: 90%, +6 ppts.
See related CAPA profile: Traffic and Capacity
Air Arabia stated it set a new world record when one of its A320 aircraft flew 30,000 flight hours in six years. Air Arabia received special recognition from Airbus, and was awarded for its operational efficiency and the new record.
African shares were mostly stable with Kenya airways, Air Mauritius, Comair and Lonrho stable. 1time (-5%) shares dropped following reports the carrier entered into negotiations with a black economic empowerment investor, stoking fears of potential dilution according to a Reuters report.
Selected African and Middle Eastern airlines share price movements (% change): 22-Sep-2010