Royal Jordanian (-4%) renewed (29-Sep-2010) its contract with AFI KLM E&M for A340 component and engine support for a further three years. The contract includes repairs and pool access as part of a flight-hour contract for components and overhaul of/access to leased engine replacements.
Royal Jordanian has also selected AFI KLM E&M to provide component support for its A330s. The contract includes repairs and access to the spares pool, with the deployment of a Main Base Kit (MBK) at Amman Airport.
See related CAPA profile: Traffic - Airports
Air Mauritius (+0.7%) announced, on Wednesday (29-Sep-2010), the appointment of Soobhiraj Bungsraz as CEO, effective 01-Oct-2010. Mr Bungsraz succeeds Manoj RK Ujoodha, who resigned from the carrier.
African shares were also a mixed bag with 1time (-0.9%) and Comair (-0.4%) down while Kenya Airways (+0.6%) shares rose and Lonrho remained steady.
Selected African and Middle Eastern airlines share price movements (% change): 29-Sep-2010