Shares in Jazeera Airways surged 4.9% in trading on Monday. The shares ran against the general trend on the Kuwaiti bourse, which was down yesterday. The carrier continues to build its market shares out of Kuwait International Airport, and is now the largest carrier at the airport in terms of passenger traffic.
Shares in South Africa’s Comair were 6.9% higher.
Selected African and Middle Eastern airlines’ share price movements: (% change): 17-Jan-2011