PR Newswire
PANAMA CITY , Aug. 10, 2021 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for July 2021 :
Operating Data | July | July | |
2021 | 2019 | % Change | |
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 1,441.5 | 2,265.7 | -36.4% |
RPM (mm) (2) | 1,135.7 | 1,962.6 | -42.1% |
Load Factor (3) | 78.8% | 86.6% | -7.8p.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 will compare this and future traffic reports to 2019 statistics.
Consolidated capacity (ASMs) came in 36.4% lower than July 2019 , while passenger traffic (RPMs) decreased 42.1%, which resulted in a 78.8% load factor.
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.copa.com .
CPA-G
CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.