13-Jul-2010 4:01 PM
AirArabia to receive two A320s at the end of 2010; African shares on the rise
Analysis
AirArabia (+1.5%) Corporate Communications Manager, Housam Raydan, stated on Monday (12-Jul-2010) the carrier will receive two of 44 A320s - ordered in Nov-2007 from Airbus - "towards the end of this year". Mr Rayfan said: "After the first two to be delivered later this year, the remaining aircraft will also arrive in batches." The carrier operates a fleet of 25, a "mix of owned and leased aircraft".
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