Loading

Air Arabia takes delivery of 20th A320 aircraft

Air Arabia took delivery of its 20th A320 aircraft on 27-May-2010, leased from AerCap, and announced plans to increase Sharjah-Goa frequency. Its shares rose 1.2% on Friday.

Kuwait National Airways and Royal Jordanian Airlines remained steady, while Jazeera dropped 2.5%.

The Johannesburg Stock Exchange fell 0.9%. 1time (-1.8%) dropped, while Comair and Lonrho were stable.

The Centre for Asia Pacific Aviation (CAPA) has launched a unique new strategic business information service covering one of the world’s most exciting emerging aviation markets. Middle East-Africa Airline Daily is an efficient morning briefing on airline developments from both regions. Covering fleets, routes, financials, traffic, bilateral agreements, alliances, financing, ownership, along with analysis of all significant developments, it is your one-stop shop to aviation news from Africa and the Middle East – and best of all it’s free for a limited time. Sign-up today!

Selected African and Middle Eastern airlines share price movements (% change): 28-May-2010