Air Arabia takes delivery of 20th A320 aircraft

Air Arabia took delivery of its 20th A320 aircraft on 27-May-2010, leased from AerCap, and announced plans to increase Sharjah-Goa frequency. Its shares rose 1.2% on Friday.

Kuwait National Airways and Royal Jordanian Airlines remained steady, while Jazeera dropped 2.5%.

The Johannesburg Stock Exchange fell 0.9%. 1time (-1.8%) dropped, while Comair and Lonrho were stable.

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Selected African and Middle Eastern airlines share price movements (% change): 28-May-2010