11 Best Airline Stocks to Buy Now

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8. Sun Country Airlines Holdings Inc (NASDAQ:SNCY)

Number of Hedge Fund Holders: 27

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) runs low-cost airlines that operate in two segments: cargo and passengers. The company has operations primarily in the United States while also expanding into Latin America. Notably, it has a fleet of 44 passenger aircraft and 20 freighters that serve a variety of customers, including leisure travelers, cargo clients, and military services.

The airline exceeded earnings per share forecasts in Q4 2024, reporting $0.20 compared to a projection of $0.1888. The company also announced total revenues of $260.4 million in Q4, a 6.1% rise year-over-year, but somewhat lower than the expected $257.29 million.

Looking ahead, Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) expects Q1 2025 revenue to range between $330 million and $340 million, with an operating margin of 17-21%. The company also plans to expand its fleet with eight more Amazon planes, an addition that is expected to provide a decent boost in cargo income.

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