Reports Q1 revenue $893.5M, consensus $865.48M. Passenger traffic for 1Q24, measured in terms of revenue passenger miles, increased by 7.1% compared to 1Q23 while capacity, measured in available seat miles, increased by 8.0%. As a result, the load factor for the quarter decreased by 0.7 percentage points to 86.0% compared to 1Q23.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPA:
Questions or Comments about the article? Write to editor@tipranks.com