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Air France-Klm upgraded to "Buy" from "Neutral" by Merrill Lynch

Paris, France - The bank directed a note to its clients

According to a note directed to its clients, Merrill Lynch analysts opinion about Air France has changed. Merrill Lynch aims at a turnover worth EUR 20.79bn in 2006 and EUR 21.82bn in 2007. Airline’s operational result has been considered upward by 57.5% to EUR 909m for 2006 and 86.3% to EUR 881m in 2007. So Air France’s title passed to "Buy" from "Neutral".

AVIONEWS - World Aeronautical Press Agency - 131883

AVIONEWS - World Aeronautical Press Agency
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