PR Newswire
PANAMA CITY , Jan. 11, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for December 2022 :
Operating Data | December | December | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | | | |
ASM (mm) (1) | 2,288.1 | 2,124.5 | 7.7 % |
RPM (mm) (2) | 1,924.1 | 1,814.0 | 6.1 % |
Load Factor (3) | 84.1 % | 85.4 % | -1.3p.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 | |
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 7.7% higher than in December 2019 , while passenger traffic (RPMs) increased by 6.1%. As a result, the load factor for the month was 84.1%, 1.3 percentage points lower than in December 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 .
PRESS RELEASE CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
CPA-G
SOURCE Copa Holdings, S.A.