CPA - COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR OCTOBER 2022
PR Newswire
PANAMA CITY , Nov. 15, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2022 :
Operating Data |
October |
October |
% Change |
2022 |
2019 |
Copa Holdings (Consolidated) |
|
|
|
ASM (mm) (1) |
2,141.0 |
2,035.0 |
5.2 % |
RPM (mm) (2) |
1,904.8 |
1,727.7 |
10.2 % |
Load Factor (3) |
89.0 % |
84.9 % |
4.1p.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 |
|
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 5.2% higher than in October 2019 , while passenger traffic (RPMs) increased by 10.2%. As a result, the load factor for the month was 89.0%, 4.1 percentage points higher than in October 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 .
PRESS RELEASE CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
CPA-G
SOURCE Copa Holdings, S.A.
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