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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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JetBlue Updates 2024 Revenue and CASM Guidance

JetBlue Airways, a prominent US-based low-cost carrier, has revised its 2024 financial guidance, signaling adjustments in both revenue expectations and cost metrics. The airline now anticipates a 3.5% to 4.5% decline in revenue for the fiscal year, an improvement from its initial projection of a 4% to 5% drop. Concurrently, the Cost per Available Seat Mile (CASM) excluding fuel is expected…

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FAA Bans US Airline Operations in Haiti for 30 Days Following Gunfire Incidents

The Federal Aviation Administration (FAA) in the United States has announced a 30-day suspension on US airlines operating in Haiti after reports that three commercial jetliners were struck by gunfire. This restriction reflects the FAA’s heightened safety precautions following these incidents, which underscore escalating security risks for aviation in Haiti. With the temporary ban, the FAA aims to protect passengers, crew, and aircraft amid…