Comair again planning to acquire existing Durban International Airport; Kuwait National Airways down
Comair (-1.4%) reportedly plans to submit another proposal to acquire the existing Durban International Airport site, following the opening of King Shaka International Airport, which is expected to be completed by the end of Apr-2010. The carrier submitted a proposal to acquire the site in 2009, which was rejected by Airports Company of South Africa.
Also in South Africa, the JSE All Share Index ended trading up 0.8%, boosted by strong commodity prices.
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Selected African and Middle Eastern airlines share price movements (% change): 08-Mar-2010