CPA - Copa says March capacity traffic and load factor rose vs. pre-pandemic levels
2023-04-13 17:47:28 ET
- Copa Holdings ( NYSE: CPA ), the owner of Panama's flagship carrier Copa Airlines, on Thursday reported a rise in capacity, traffic and load factor for March compared to March 2019 from before the COVID-19 pandemic.
- According to preliminary statistics , consolidated capacity, or available seat miles, for March was 2.22B, a rise of 4.6% vs. March 2019.
- Consolidated traffic, or revenue passenger miles, for March was 1.94B, an increase of 9.5% from March 2019.
- Consolidated load factor for March was 87.2% compared to 83.3% for March 2019.
- Class A shares of Copa Holdings ( CPA ) earlier closed +2.5% at $88.57.
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Copa says March capacity, traffic and load factor rose vs. pre-pandemic levels