Air France-KLM: in the green on an analyst upgrade

(CercleFinance.com) - Air France-KLM gains 1% on the back of an upgrade by Oddo BHF from 'underperform' to 'neutral', with a price target raised from 7.
5 to 10 euros, in a note on European airlines.

Thanks to better-than-expected unit revenues, significant capacity discipline and lower fuel costs, we anticipate a rebound in margins, particularly for the majors", explains the analyst.

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