PR Newswire
PANAMA CITY , Panama , April 13, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for March 2022 :
Operating Data | March | March | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 1,947.3 | 2,126.6 | -8.4% |
RPM (mm) (2) | 1,650.5 | 1,771.7 | -6.8% |
Load Factor (3) | 84.8% | 83.3% | 1.4p.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 and future traffic reports to 2019 statistics.
Consolidated capacity (ASMs) came in 8.4% lower than March 2019 , while passenger traffic (RPMs) decreased 6.8%, which resulted in an 84.8% 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.copaair.com .
CPA-G
CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.