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Wataniya parent gains, Jazeera soars

Shares in Wataniya Airways’ parent, Kuwait National Airways, gained 2.2%. The carrier told CAPA it has attracted a large number of travellers for this summer season on its new European routes.

See related report: CEO Interview: Wataniya Airways sees strong growth opportunities

Also in Kuwait, Jazeera Airways’ stock surged 9.3% yesterday, reversing a month-long slide in the airline’s shares. The Kuwait Stock Exchange (KSE) added 1.3%, finishing at 6,448.7 points yesterday, led by the bank index, gaining 3.37%.

Jazeera Airways share price over the past month (KWD)

Elsewhere, Royal Jordanian gained 1.3% and Kenya Airways fell 1.6%.

Selected African and Middle Eastern airlines share price movements (% change): 07-Jul-2010