Some profit taking won't matter in the long run. When you consider:
The under-served route BLTA will be servicing The size of the cities being serviced The pretty new airport they will utilize The low cost of fuel The increased margins in the sector The tax breaks they will receive for all their start-up losses
This thing is waaaaay undervalued. Even with profit taking, there's still tremendous upside.
Remember, this is only the beginning. The sector is heating up in general. With air travel at an all time high and increasing, it's the perfect time to start an airline. As their fleet size increases, this will become a multi-bagger.
The only scary question has been: "Will they get certified?" With the major hurdles now cleared...that question isn't really being asked anymore by anyone that isn't disingenuous.
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