PR Newswire
PANAMA CITY , Dec. 14, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2022 :
Operating Data | November | November | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,080.0 | 1,989.3 | 4.6 % |
RPM (mm) (2) | 1,810.5 | 1,701.8 | 6.4 % |
Load Factor (3) | 87.0 % | 85.5 % | 1.5p.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 4.6% higher than in November 2019 , while passenger traffic (RPMs) increased by 6.4%. As a result, the load factor for the month was 87.0%, 1.5 percentage points higher than in November 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.