Goldman Sachs raises estimates for European airlines; easyJet upgraded; Ryanair sets pax record

Shares in European airlines generally gained on Friday (16-Jul-2010), with LCC gains led by easyJet (shares up 1.7%) and Air Berlin (+1.7%). Shares moved higher after Goldman Sachs raised its estimates for the sector in a bullish review and upgraded its rating on easyJet.

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