Royal Jordanian pax up 14.6%; Kenya Airways to increase domestic and regional services
Royal Jordanian (+1.3%) shares slightly rose after announcing its passenger numbers were up 14.6% in Jul-2010:
- Passenger numbers: +14.6% year-on-year;
- Load factor: 79.3%, +5.0 ppts;
- Flight departures: 3,538, +9.1%;
- Flying hours: 10,257, +8.6%;
- Fleet utilisation: 4.5%.
Royal Jordanian President and CEO, Hussein Dabbas, stated the carrier is witnessing high demand over the summer season, with traffic growth also evident for this month and Sep-2010.
Meanwhile, Kenya Airways (0%) announced plans to increase domestic and regional services with an additional B737 aircraft, on lease from KLM. The carrier stated the aircraft will be initially put into operation on Nairobi-Mombasa services.
Selected African and Middle Eastern airlines share price movements (% change): 10-Aug-2010