Copa Holdings November 2024 Traffic Improves Year Over Year

Group 1: Copa Holdings, S.A. (CPA) - CPA reported an increase in revenue passenger miles by 6.8% year-over-year in November 2024, driven by high passenger volumes [1][2] - Available seat miles increased by 8.4% year-over-year, indicating a capacity expansion to meet demand [2] - The load factor decreased to 86.1% from 87.4% in November 2023, as traffic growth did not keep pace with capacity expansion [2] Group 2: Ryanair Holdings (RYAAY) - RYAAY transported 13 million passengers in November 2024, reflecting an 11% year-over-year increase [3] - The load factor for RYAAY remained flat at 92% year-over-year, indicating stable demand for its services [3] - RYAAY expects an 8% growth in traffic for fiscal 2025, contingent on no worsening of Boeing delivery delays [4] Group 3: Market Performance - CPA currently holds a Zacks Rank of 3 (Hold), with shares gaining 2.8% over the past three months, compared to a 9.4% growth in the Zacks Airline industry [5] - Other stocks in the transportation sector with better rankings include Expeditors International of Washington, Inc. (Zacks Rank 2) and Wabtec Corporation (Zacks Rank 2) [8]