Air Arabia makes biggest gain since Dec-2009; Jazeera Airways and 1time soar; Lonrho flat

Air Arabia (+4.5%) made its biggest gain since Dec-2009 on Thursday (22-Apr-2010), after HSBC Holdings raised its rating of the carrier’s shares from ‘Neutral’ to ‘Overweight’. The analysts also raised its price target to AED1.15. The carrier closed trading at AED0.96.

Archives

DISCLAIMER: PrivateJetsCharter is not a part 135 air carrier and only acts as an agent to provide info on the best carrier available for charter. PrivateJetsCharter arranges flights on behalf of jet charter clients with FAR Part 135 air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for PrivateJetsCharter clients and that meet all FAA safety standards and additional safety standards established by PrivateJetsCharter.