- VLRS led the world in passenger recovery in 2020 and finished the year with more deployed capacity than they had in 2019.
- In December, Volaris added of cash to their balance sheet from a new equity offering to accelerate growth opportunities.
- 2021 Revenue will be higher than 2019, and a lower cost structure will drive record EBITDAR margins in the second half of the year as yields recover.
- Wall Street analysts have raised target prices but continue to underestimate both the near-term and medium-term potential of Volaris.
- Volaris, currently priced at $12.42 per share, could realize a share price of $24 in 2021 and over $50 by end of 2023.
For further details see:
Strong Year End Performance Has The New Year Looking Good For Volaris