PR Newswire
PANAMA CITY , June 9, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for May 2022 :
Operating Data | May | May | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,007.5 | 2,085.2 | -3.7% |
RPM (mm) (2) | 1,720.4 | 1,796.3 | -4.2% |
Load Factor (3) | 85.7% | 86.1% | -0.4p.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 traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in 3.7% lower than May 2019 , while passenger traffic (RPMs) decreased 4.2%, which resulted in an 85.7% 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.copaair.com .
CPA-G
PRESS RELEASE CONTACT:
Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.