CPA - COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR MARCH 2023
PR Newswire
PANAMA CITY , Panama , April 13, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for March 2023 :
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Operating Data |
March |
March |
% Change |
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2023 |
2019 |
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Copa Holdings (Consolidated) |
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ASM (mm) (1) |
2,224.6 |
2,126.6 |
4.6 % |
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RPM (mm) (2) |
1,939.7 |
1,771.7 |
9.5 % |
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Load Factor (3) |
87.2 % |
83.3 % |
3.9p.p. |
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1. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. |
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2. Revenue passenger miles - represents the numbers of miles flown by revenue passengers |
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3. Load factor - represents the percentage of aircraft seating capacity that is actually utilized |
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Given the irregular nature of the Company's operations starting in March 2020 due to the Covid-19 pandemic, we are comparing this traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in 4.6% higher than in March 2019 , while passenger traffic (RPMs) increased by 9.5%. As a result, the load factor for the month was 87.2%, 3.9 percentage points higher than in March 2019 .
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean . For more information visit www.copaair.com .
CPA-G
PRESS RELEASE CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.
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