COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR AUGUST 2022
Copa Holdings, S.A. (NYSE: CPA) reported its preliminary passenger traffic statistics for August 2022. The consolidated capacity (ASMs) was up 0.4% compared to August 2019, while passenger traffic (RPMs) rose by 2.0%. This resulted in a system load factor of 86.6%, marking a 1.4 percentage point increase from August 2019. Copa Holdings continues to operate as a leading provider of passenger and cargo services across the Americas.
- Passenger traffic (RPMs) increased by 2.0% compared to August 2019.
- Consolidated capacity (ASMs) was 0.4% higher than August 2019.
- System load factor improved to 86.6%, a 1.4 percentage point increase from August 2019.
- None.
PANAMA CITY, Panama, Sept. 13, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for August 2022:
Operating Data | August | August | % Change |
2022 | 2019 | ||
Copa Holdings (Consolidated) | |||
ASM (mm) (1) | 2,133.3 | 2,125.5 | 0.4 % |
RPM (mm) (2) | 1,847.8 | 1,812.2 | 2.0 % |
Load Factor (3) | 86.6 % | 85.3 % | 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 are comparing this traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in
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
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SOURCE Copa Holdings, S.A.
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