1. FGC is converting a power plant into a state-of-the-art gas facility. 2. A new data center will cater to America's growing energy demands.
While the conversion indicates infrastructure growth, it does not directly affect ULCC's operations. Historical investments in energy have shown mixed impacts on airline stocks like ULCC, depending on fuel costs.
The article indicates growth in energy infrastructure, which might affect fuel prices that ULCC relies on. However, its direct influence on ULCC's stock is limited at this stage.
The full effects of this conversion on power supply and prices will take years to materialize, impacting cost structures for fuel-intensive industries like airlines.