PR Newswire
PANAMA CITY , Feb. 13, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2023 :
Operating Data | January | January | % Change |
2023 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,364.1 | 2,332.8 | 1.3 % |
RPM (mm) (2) | 2,059.3 | 1,937.2 | 6.3 % |
Load Factor (3) | 87.1 % | 83.0 % | 4.1p.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 are comparing this traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in 1.3% higher than in January 2019 , while passenger traffic (RPMs) increased by 6.3%. As a result, the load factor for the month was 87.1%, 4.1 percentage points lower than in January 2019 .
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.copaair.com .
CPA-G
PRESS RELEASE CONTACT:
Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.