Air France-KLM, British Airways and Iberia gain on analyst comments; Aegean Airlines down

Air France-KLM (+1.5%) rose for a second consecutive day after Deutsche Bank AG upgraded its rating of the airline group’s shares from "hold" to "buy", stating its “trans-Atlantic JV with Delta is under-appreciated by the market”. The gain was despite a 0.3% decline in France’s CAC for the day.