(News Bulletin 247) – Stifel announced on Wednesday that it has raised its recommendation on Air France-KLM shares from ‘hold’ to ‘buy’ as part of a study devoted to the airline sector in Europe.
In its note, the American investment bank explains that the shortages currently affecting companies, from spare parts to maintenance services, force them to show discipline in the management of their capacities.
This element, which supports ticket prices while demand remains solid, is likely to sustain the good results posted by carriers, judges the firm.
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