CPA - Copa Holdings reports preliminary November traffic down 17.3% vs. pre-COVID levels

Copa Holdings (NYSE:CPA) reports revenue passenger miles fell 17.3% to 1.407B in November 2021 when compared to 2019 levels. Load factor was 84.5%, down 100 bps vs. same period in 2019. Available seat miles was 1.66B, fell 16.3% vs. 2019 levels. The company said, "Given the irregular nature of the company's operations starting in March 2020 due to the Covid-19 pandemic, we will compare this and future traffic reports to 2019 statistics."

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Copa Holdings reports preliminary November traffic down 17.3% vs. pre-COVID levels