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Sun Country Airlines: Why I Maintain A Buy Rating Despite Strategic Failure
SNCYSun ntry Airlines (SNCY) Seeking Alpha·2024-08-27 18:37

DaveAlan/iStock Unreleased via Getty Images In May, I covered Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) and lowered my price target while maintaining my buy rating on the stock. For airline stocks, we currently see a challenging environment as domestic fares are under pressure. While Sun Country Airlines has an attractive business set up, management focused on parts of the business that were more exposed to the observed demand and cost variability. In this report, I will be discussing the risks and ...