PLAY reports record November load factor and positive forward bookings
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Background ✨
PLAY's focus on its local market increased in recent months, with a 10.5% year-on-year decrease in passengers in Oct-2024 attributed to a strategy of reducing trans-Atlantic capacity and expanding leisure destinations in Southern Europe1. The airline's financial performance in FY2024 was expected to fall below FY2023, influenced by increased capacity across the Atlantic during spring and summer 2024, prompting a shift towards a point-to-point leisure network2 3.