Kenya Airways reports 9% pax increase; Air Mauritius shares up 4.7%

Kenya Airways (+2.3%) reports (28-Oct-2010) the following traffic highlights for the three months ended Sep-2010:

  • Passenger numbers: 849,566, +9% year-on-year;
  • Passenger traffic (RPKs): +10%;
  • Load factor: 73%, +3 ppts;
  • Cargo volume: -7%.

See related CAPA profile: Traffic and capacity

Air Arabia (+1.8%) CEO Adel Ali reportedly stated the carrier may lease aircraft if it has an immediate need to expand. Mr Ali added that the carrier would not rush in to order more aircraft, planning to make sure it efficiently uses the aircraft it already has.

Meanwhile, Lonrho (+3.1%) and Air Mauritius (+4.7%) were the only other carriers to gain on Thursday (28-Oct-2010).

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