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Copa ( NYSE: CPA ) reported a 7.7% rise in available seat miles to 2.29B for December 2022 when compared with Dec. 2019 numbers.
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, the company said.
Revenue passenger miles - the number of miles flown by revenue passengers - was up 6.1% to 1.92B vs. Dec, 2019.
Load factor - the percentage of aircraft seating capacity that is actually utilized - down 1.3% point to 84.1% from Dec. 2019.