2024-01-29 12:32:03 ET
Summary
- Volaris stock price has appreciated significantly since the buy rating was maintained, offering a profitable opportunity for investors.
- Volaris has provided guidance for the first quarter and full year 2024, with a steeper capacity reduction but expected higher unit revenues.
- Despite the challenges of the GTF grounding issues, Volaris is navigating well and has strong EBITDAR margins for 2024, with potential for further upside in stock price.
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Volaris Stock Surges: What's Next?