PR Newswire
PANAMA CITY , Nov. 13, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2023 :
Operating Data | October | October | % Change |
2023 | 2022 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,398.4 | 2,141.0 | 12.0 % |
RPM (mm) (2) | 2,099.8 | 1,904.8 | 10.2 % |
Load Factor (3) | 87.6 % | 89.0 % | -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 |
For the month of October 2023 , Copa Holdings' capacity (ASMs) increased by 12.0%, while system-wide passenger traffic (RPMs) increased by 10.2%, compared to 2022. As a result, the system load factor for the month was 87.6%, 1.4 percentage points lower than in October 2022 .
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.