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Fly News Breaks for July 10, 2019
AIRYY
Jul 10, 2019 | 13:12 EDT
Goldman Sachs analyst Ben Hartwright upgraded Air China (AIRYY) to Buy from Neutral as he has turned more positive on the Chinese airlines sector. Hartwright expects a recovery in demand in the second half supported by policy loosening, he stated, adding that he expects Air China and China Eastern Airlines (CEA) to benefit most from the 2018 fare reforms. He also upgraded China Eastern Airlines to Buy from Neutral.
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