PR Newswire
PANAMA CITY , March 12, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for February 2024 :
Operating Data | February | February | % Change |
2024 | 2023 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,348.8 | 2,007.3 | 17.0 % |
RPM (mm) (2) | 2,025.8 | 1,724.4 | 17.5 % |
Load Factor (3) | 86.3 % | 85.9 % | 0.3p.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 | |
For February 2024 , Copa Holdings' capacity (ASMs) increased by 17.0%, while system-wide passenger traffic (RPMs) also increased by 17.5%, compared to 2023. As a result, the system load factor for the month was 86.3%, 0.3 percentage points higher than in February 2023 .
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
CONTACT: | Daniel Tapia – Panamá |
| Director – Investor Relations |
| 011 (507) 304-2774 |
| |
SOURCE Copa Holdings, S.A.