Kenya Airways drops Nairobi-Mombasa fares, shares gain


Kenya Airways' shares gained 0.5% yesterday (rising for the first time since 07-Jan-2011), as it lowered fares by 22% on the key Nairobi-Mombasa route to boost competitiveness on the sector, according to reports cited by Bloomberg.

  • Kenya Airways lowers fares on Nairobi-Mombasa route by 22% to enhance competitiveness.
  • Kenya Airways' shares rise for the first time since 2011.
  • Lonhro experiences a 1.4% decrease in share price.
  • Air Mauritius' share price remains unchanged.
  • The article focuses on selected African and Middle Eastern airlines' share price movements.
  • The data is from 26-Jan-2011.

Elsewhere, Lonhro fell 1.4% and Air Mauritius was flat.

Selected African and Middle Eastern airlines' share price movements: (% change): 26-Jan-2011


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