Citi opens 30-day downside catalyst watch on Volaris ahead of earnings
Citi initiated a 30-day downside catalyst watch on Volaris (VLRS) ahead of its Q3 earnings, citing challenges in capacity management, weakening domestic demand, and risks from international routes. The bank maintained a neutral/high risk rating and $6.60 price target, forecasting a 2026 net loss of $266M. Volaris reported an 11.1% capacity increase in Q3, with guidance for a 23% EBITDAR margin.



