Kenya Airways takes delivery of two new E170LR aircraft from Finnair; African shares on the increase

Kuwait National Airways (+3.1%) rose while Jazeera remained steady. Air Arabia’s (-0.7%) shares dropped and Royal Jordanian (+0.6%) also rose while the Amman Stock Exchange decreased by -0.49%.

Kenya Airways’ (+1%) shares increased after the carrier took delivery of two new E170LR aircraft, leased from Finnair, increasing the carrier's Embraer fleet to five, as part Kenya Airways’ fleet expansion and modernisation strategy.

In other African news, Comair (+4.4%) and 1time’s (+1%) shares increased while Lonrho remained stable.

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Selected African and Middle Eastern airlines share price movements (% change): 10-Jun-2010