CPA - COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR MAY 2024
PR Newswire
PANAMA CITY , June 12, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for May 2024 :
Operating Data |
May |
May |
% Change |
Copa Holdings (Consolidated) |
|
|
|
ASM (mm) (1) |
2,480.5 |
2,313.7 |
7.2 % |
RPM (mm) (2) |
2,165.6 |
1,992.9 |
8.7 % |
Load Factor (3) |
87.3 % |
86.1 % |
1.2 p.p. |
- Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
- Revenue passenger miles - represents the number of miles flown by revenue passengers
- Load factor - represents the percentage of aircraft seating capacity that is actually utilized
For May 2024 , Copa Holdings' capacity (ASMs) increased by 7.2%, while system-wide passenger traffic (RPMs) also increased by 8.7%, compared to 2023. As a result, the system load factor for the month was 86.1%, 1.2 percentage points higher than in May 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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