ZACKS·2025-12-17 18:15Group 1: Copa Holdings, S.A. (CPA) - Copa Holdings reported robust traffic numbers for November 2025, driven by high passenger volumes and upbeat air travel demand, with revenue passenger miles (RPM) improving year-over-year [1][10] - To meet the increased demand, Copa Holdings increased its capacity, with available seat miles rising by 10% year-over-year, while RPM improved by 10.2% [2][10] - The load factor for Copa Holdings rose to 86.2% from 86.1% in November 2024, indicating that traffic growth outpaced capacity expansion [2][10] Group 2: LATAM Airlines Group (LTM) - LATAM Airlines reported a year-over-year increase in revenue passenger-kilometers (RPK) for November 2025, with consolidated capacity increasing by 4.6% [4][5] - The domestic market in LATAM Airlines Brazil experienced a significant growth of 12.1% year-over-year, contributing to the overall traffic increase of 3.6% [6] - LATAM Airlines transported almost 7.4 million passengers in November 2025, marking a 4.9% increase year-over-year [7] Group 3: Ryanair Holdings (RYAAY) - Ryanair reported a solid increase in passenger numbers, transporting 13.8 million passengers in November 2025, reflecting a 6% year-over-year increase [8] - The load factor for Ryanair remained flat at 92%, indicating consistent passenger demand [8] - Ryanair's traffic grew by 9% to 183.7 million passengers in fiscal 2024, positioning it as the world's leading low-fare airline in terms of passenger traffic [9][11]