Norwegian Air Shuttle completed its purchase of Nordic Leisure Travel Group, a move Pareto Securities calls strategically sound and earnings‑accretive. Analysts note that most synergies are low‑hanging, especially on cost, though they will take time to materialise. The stock slipped 1.4% to 15.42 kroner, but Pareto lifted its target to 19 Norwegian kroner and kept a buy rating. Analysts remain cautious.

Continental AG may post a second‑quarter margin at the top of its 11%‑12.5% full‑year guidance, JPMorgan analysts say. Strong pricing and mix should offset inflation‑driven cost pressure, with tire margins near 15% and ContiTech around 8%. The bank maintains an overweight stance, setting a 78 euros price target while the firm readies the ContiTech divestiture; shares closed at 73.46 euros.

Cebu Air faces a 2026 net loss of 1.6 billion pesos, but Maybank Securities lifts its 2027 EBITDAR outlook by 6% on improving demand and lower fuel risk. The broker expects seat‑load factor to rise to 83% from 81% and raises the stock’s target to 50 pesos from 42, while the share trades at 30 pesos, down 1.15%. Management remains optimistic.