Key Takeaways Copa Holdings' October 2025 RPM grew 9.3% year over year on robust passenger demand.Available seat miles rose 9.6% in October, reflecting added capacity to meet demand.Load factor fell to 87.2% from 87.4% in the prior year as traffic failed to outpace capacity.Copa Holdings, S.A.(CPA) , based in Panama City, Panama, is gaining from upbeat passenger volumes. The latest positive update from the Latin American carrier came when it reported robust traffic numbers for October 2025 on the back of up ...

Allegiant Travel Company (ALGT) - Scheduled traffic increased by 10.3% year-over-year in July 2025, while capacity rose by 11.5% [1] - Load factor decreased to 86.6% from 87.5% a year ago due to capacity expansion outpacing traffic growth [1] - Total departures grew by 11.8% year-over-year in July 2025, but average stage length fell by 0.4% [2] - Allegiant carried 10.1% more passengers system-wide in July 2025 compared to the previous year, with system-wide capacity improving by 10.8% [2] - Estimated fuel price per gallon in July 2025 was $2.58 [2] - Allegiant currently holds a Zacks Rank 5 (Strong Sell) [2] LATAM Airlines - LATAM Airlines reported a 10% year-over-year increase in consolidated capacity for July 2025, driven by a 12.2% increase in international operations and an 11.8% increase in domestic operations in Brazil [5] - Consolidated traffic increased by 10.4% year-over-year, with load factor growing by 0.4 percentage points to 86.7% [6] - LATAM transported almost 8 million passengers in July 2025, a 7.9% increase year-over-year, and has transported 49.5 million passengers year-to-date [7] Ryanair Holdings - Ryanair transported 20.7 million passengers in July 2025, reflecting a 3% year-over-year increase [8] - July traffic marked a continuous improvement over seven months, with July traffic exceeding previous months' figures [9] - Load factor remained flat at 96% year-over-year, showing consistent passenger demand [10] - Despite 680 flight cancellations due to French air traffic control strikes, Ryanair operated over 113,000 flights in July 2025, an increase from previous months [11]

Core Insights - Ryanair reported strong traffic numbers for April 2025, with 17.5 million passengers, an 8% year-over-year increase [1][10] - The load factor for April was 92%, a decrease of 200 basis points year-over-year, but still indicative of strong demand [2][10] - Other airlines, including Allegiant Travel Company, Volaris, and LATAM Airlines, also reported positive traffic trends for April 2025 [3] Ryanair Specifics - Ryanair's passenger count increased from 15 million in March 2025 and 12.6 million in February 2025, indicating a consistent upward trend in air travel demand [1][10] - The airline operated over 84,000 flights in March 2025, reflecting its capacity to meet rising demand [2] Competitor Analysis - Allegiant Travel Company reported a 17.4% increase in scheduled traffic year-over-year, but its load factor fell to 80.3% due to capacity expansion outpacing traffic growth [4] - Volaris experienced a 14.8% increase in passengers transported, but its load factor decreased to 81.6% as traffic growth lagged behind capacity increase [6] - LATAM Airlines reported a 9.9% increase in consolidated traffic, with a load factor rise of 2.3 percentage points to 83.4%, indicating healthy demand across its business segments [8]