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Fly News Breaks for October 24, 2018
ESYJY, AFLYY, WZZAF, DLAKY, ICAGY
Oct 24, 2018 | 05:38 EDT
Deutsche Bank analyst Jaime Rowbotham double upgraded the European Airlines sector to Overweight from Underweight. The analyst sees attractive valuations following this year's underperformance and sees scope for capacity growth, revenue improvements and cost savings. Rowbotham's top pick is IAG (ICAGY), while Lufthansa (DLAKY) and Wizz Air (WZZAF) are also Buy rated.