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Air Arabia launches Alexandria-Amman service; African shares mixed

Air Arabia (-1.6%) launched (22-Jun-2010) four times weekly Alexandria-Amman service. The airline recently announced plans to launch its fourth hub in Amman and offers services to Khartoum, Kuwait and Amman from Alexandria.

See related CAPA Profile: Route changes

In other Middle East news, Kuwait National Airways (-2%) and Royal Jordanian (-1.2%) fell while Jazeera Airways remained flat.

1time (-2.9%) and Kenya Airways (-1.6%) dropped, Comair remained steady and Lonrho (+4.2%) rose, while the Johannesburg Stock Exchange fell -0.4%.

Selected African and Middle Eastern airlines share price movements (% change): 22-Jun-2010