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Kenya Airways traffic up 7% in last quarter of 2010

Analysis

Kenya Airways reported solid traffic figures for the three months ended Dec-2010. Passenger numbers rose 7.3% year-on-year, while RPKs were up 8.9%.

Summary
  • Kenya Airways reports a 7.3% increase in passenger numbers and 8.9% increase in RPKs for the three months ended Dec-2010.
  • Shares in Kenya Airways experience a 1.2% decline in trading.
  • Air Arabia and Jazeera Airways witness a 3.1% and 1.7% increase in shares, respectively.
  • The report focuses on selected MEAAD daily share price movements on 15-Feb-2011.

Shares in Kenya Airways fell 1.2% in trading on Monday.

Elsewhere in the region, shares in Air Arabia and Jazeera Airways rose 3.1% and 1.7%, respectively.

Selected MEAAD daily share price movements (% change): 15-Feb-2011

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