CPA - COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR MARCH 2024
PR Newswire
PANAMA CITY , April 11, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for March 2024 :
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|
|
|
Operating Data |
March |
March |
% Change |
2024 |
2023 |
Copa Holdings (Consolidated) |
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ASM (mm) (1) |
2,499.1 |
2,224.6 |
12.3 % |
RPM (mm) (2) |
2,162.4 |
1,939.7 |
11.5 % |
Load Factor (3) |
86.5 % |
87.2 % |
-0.7p.p. |
1. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. |
2. Revenue passenger miles - represents the numbers of miles flown by revenue passengers |
3. Load factor - represents the percentage of aircraft seating capacity that is actually utilized |
For March 2024 , Copa Holdings' capacity (ASMs) increased by 12.3%, while system-wide passenger traffic (RPMs) also increased by 11.5%, compared to 2023. As a result, the system load factor for the month was 86.5%, 0.7 percentage points lower than in March 2023 .
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
CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.
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