The bank said it was upgrading easyJet with good momentum now into summer and further upgrade potential on fares. "Our Sep-24/25/26E PBT estimates for easyJet increase by 26%/20%/16% respectively due to higher revenues. We now sit circa 8% above Sep24E Bloomberg consensus for PBT at £639m," it said. JPM maintained its 'overweight' rating on Ryanair, which it said remains the best "structural" story in a commoditised industry, and with a pathway to net income growth and large free cash generation in March 2025E. As far as Wizz Air is concerned, it kept the shares at 'neutral', citing continued uncertainty and questions over execution. "Uncertainty reigns high and execution will be key over the coming quarters," it said. "We remain neutral given the specific issues impacting Wizz, and see much cleaner stories to play elsewhere." JPM lifted its price target on easyJet to 690p from 520p.