PR Newswire
PANAMA CITY , Panama , March 10, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2022 :
Operating Data | February | February | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 1,763.4 | 1,956.0 | -9.8% |
RPM (mm) (2) | 1,423.1 | 1,636.0 | -13.0% |
Load Factor (3) | 80.7% | 83.6% | -2.9p.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 | |||
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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 9.8% lower than February 2019 , while passenger traffic (RPMs) decreased 13.0%, which resulted in an 80.7% 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.