CPA - COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR FEBRUARY 2023

March, 10 2023 06:00 PM Copa Holdings S.A. Class A

PR Newswire

PANAMA CITY , Panama , March 10, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for February 2023 :

Operating Data

February

% Change

2023

2019

Copa Holdings (Consolidated)

ASM (mm) ⁽¹⁾

2,007.3

1,956.0

2.6 %

RPM (mm) ⁽²⁾

1,724.4

1,636.0

5.4 %

Load Factor ⁽³⁾

85.9 %

83.6 %

2.3p.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 2.6% higher than in February 2019 , while passenger traffic (RPMs) increased by 5.4%. As a result, the load factor for the month was 85.9%, 2.3 percentage points higher than in February 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.

Company Name:	Copa Holdings S.A. Class A
Stock Symbol:	CPA
Market:	NYSE
Website:	copaair.com

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