26-Jul-2010 4:36 PM
Royal Jordanian signs agreement with GE Aviation; Air Arabia to increase Istanbul services
Analysis
Royal Jordanian (-1.3%) signed an agreement with GE Aviation for six GEnx-1B engines to power its three B787s ordered at the Farnborough Air Show.
Meanwhile, Air Arabia (-0.4%) announced its Moroccan unit plans to increase Casablanca-Istanbul frequency from three to four per week in Jul-2010.
See related CAPA profile: Route Changes
African shares were mostly stable with 1time, Lonrho and Comair steady with Kenya Airways shares falling slightly (-1.1%).
Selected African and Middle Eastern airlines share price movements (% change): 23-Jul-2010
Source: Centre for Asia Pacific Aviation & Reuters