PR Newswire
PANAMA CITY , Panama , Aug. 11, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for July 2023 :
Operating Data | July | July | % Change |
2023 | 2022 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,412.4 | 2,194.4 | 9.9 % |
RPM (mm) (2) | 2,147.2 | 1,909.0 | 12.5 % |
Load Factor (3) | 89.0 % | 87.0 % | 2.0p.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 July 2023 , Copa Holdings' capacity (ASMs) increased 9.9%, while system-wide passenger traffic (RPMs) increased 12.5%, compared to 2022. As a result, system load factor for the month was 89.0%, 2.0 percentage points higher than July 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 .
PRESS RELEASE CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
CPA-G
SOURCE Copa Holdings, S.A.