UBS stated IAG was its top pick among European flag carriers, citing merger synergies and its improving pension position. IAG is scheduled to report its first quarter earnings on 06-May-2011. Click here for CAPA's full earnings calendar.
Elsewhere, Lufthansa rose 0.9% and Air France-KLM gained 1.2%.
Selected European airline daily share price movements (% change): 26-Apr-2011
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