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British Airways soars on price target increases; Thomas Cook gains, Aeroflot up marginally

Analysis

European airline shares improved for another day on Monday (02-Aug-2010) as wider markets reached a three-month high in early trading. Markets were boosted by impressive financial results from BNP Paribas and HSBC Holdings and news the Institute for Supply Management index fell less than expected, from 56.2% in Jun-2010 to 55.5% in Jul-2010.

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