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Southwest Airlines Raises 4Q 2024 Revenue Guidance

Southwest Airlines, one of the largest low-cost carriers in the United States, has revised its financial outlook for the fourth quarter of 2024, increasing its guidance for unit revenues. The airline now expects unit revenues to rise between 5.5% and 7%, a significant improvement driven by strong demand and optimized capacity.

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Copa Holdings Reports October 2024 Traffic Increase with Slight Load Factor Decline

Copa Holdings, the parent company of Copa Airlines, has reported its October 2024 traffic results, showing positive growth in Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs). ASMs saw an increase of 6.6%, while RPMs rose by 6.5% compared to the same period last year. However, the load factor (LF), which indicates how full flights are on average, experienced a slight decline…

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Viva Reports 2.8% Increase in October 2024 Passengers to 2.4 Million

Viva, the Mexican low-cost carrier, recorded a 2.8% increase in passenger numbers for October 2024, reaching 2.4 million passengers. Despite the growth in traffic, the airline’s load factor (LF) dropped by 2.1 points to 87.7%, indicating a slight decrease in seat occupancy compared to the previous year. Meanwhile, Viva’s Available Seat Miles (ASMs) rose by 5.0%, and Revenue Passenger Miles (RPMs) increased by 2.9%, reflecting the airline’s expanded capacity and sustained…