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Southwest Airlines Raises 4Q 2024 Revenue Guidance

ByAdmin

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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Ryanair Sees 7% Increase in October 2024 Passenger Traffic, Load Factor Steady

ByAdmin

Ryanair Holdings, Ireland’s leading low-cost airline group, reported a significant increase in passenger traffic for October 2024, reaching 18.3 million passengers, a 7% rise compared to the same month in the previous year. Despite the higher volume, Ryanair maintained a stable load factor (LF) of 93%, showcasing its effective capacity management amid rising demand.