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Copa Holdings Announces Monthly Traffic Statistics for December 2024

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Copa Holdings (NYSE: CPA) has released its December 2024 traffic statistics, showing positive growth in key metrics. The airline's capacity, measured in Available Seat Miles (ASM), increased by 6.5% to 2,665.5 million compared to December 2023. Revenue Passenger Miles (RPM) grew by 6.8% to 2,273.1 million. The system load factor improved to 85.3%, marking a 0.2 percentage point increase from the previous year.

Copa Holdings continues to strengthen its position as a leading Latin American provider of passenger and cargo services, operating flights to various destinations across North, Central, and South America and the Caribbean.

Copa Holdings (NYSE: CPA) ha pubblicato le statistiche sul traffico di dicembre 2024, mostrando una crescita positiva in metriche chiave. La capacità della compagnia aerea, misurata in Miglia Disponibili per Posto (ASM), è aumentata del 6,5% raggiungendo 2.665,5 milioni rispetto a dicembre 2023. Le Miglia Passeggero Reclama (RPM) sono cresciute del 6,8%, raggiungendo 2.273,1 milioni. Il fattore di carico del sistema è migliorato, arrivando all'85,3%, segnando un incremento di 0,2 punti percentuali rispetto all'anno precedente.

Copa Holdings continua a rafforzare la propria posizione come fornitore leader di servizi passeggeri e cargo in America Latina, operando voli verso diverse destinazioni in Nord, Centro e Sud America e nei Caraibi.

Copa Holdings (NYSE: CPA) ha publicado sus estadísticas de tráfico de diciembre de 2024, mostrando un crecimiento positivo en métricas clave. La capacidad de la aerolínea, medida en Millas Disponibles por Asiento (ASM), aumentó un 6.5% alcanzando los 2,665.5 millones en comparación con diciembre de 2023. Las Millas de Pasajero por Ingreso (RPM) crecieron un 6.8% alcanzando los 2,273.1 millones. El factor de carga del sistema mejoró al 85.3%, marcando un aumento de 0.2 puntos porcentuales en comparación con el año anterior.

Copa Holdings sigue fortaleciendo su posición como un proveedor líder de servicios de pasajeros y carga en América Latina, operando vuelos a varios destinos en América del Norte, Central y del Sur y el Caribe.

Copa Holdings (NYSE: CPA)는 2024년 12월의 교통 통계를 발표하며 주요 지표에서 긍정적인 성장을 보여주었습니다. 항공사의 좌석 제공 능력은 가용 좌석 마일(ASM) 기준으로 6.5% 증가하여 26억 6550만에 달했습니다. 수익 승객 마일(RPM)은 6.8% 증가하여 22억 7310만에 도달했습니다. 시스템 적재율은 85.3%로 개선되어, 지난해 대비 0.2퍼센트 포인트 증가했습니다.

Copa Holdings는 북미, 중미, 남미 및 카리브해 전역의 다양한 목적지로 여객 및 화물 서비스를 제공하는 라틴 아메리카의 주요 공급자로서의 입지를 강화하고 있습니다.

Copa Holdings (NYSE: CPA) a publié ses statistiques de trafic de décembre 2024, montrant une croissance positive dans des indicateurs clés. La capacité de la compagnie aérienne, mesurée en Sièges Kilomètres Disponibles (ASM), a augmenté de 6,5% pour atteindre 2 665,5 millions par rapport à décembre 2023. Les Kilomètres Passagers Récupérés (RPM) ont augmenté de 6,8% pour atteindre 2 273,1 millions. Le facteur de charge du système s'est amélioré pour atteindre 85,3%, marquant une augmentation de 0,2 point de pourcentage par rapport à l'année précédente.

Copa Holdings continue de renforcer sa position en tant que fournisseur leader de services de passagers et de fret en Amérique Latine, opérant des vols vers diverses destinations en Amérique du Nord, Centrale et du Sud, ainsi que dans les Caraïbes.

Copa Holdings (NYSE: CPA) hat seine Verkehrszahlen für Dezember 2024 veröffentlicht und zeigt ein positives Wachstum der wichtigsten Kennzahlen. Die Kapazität der Fluggesellschaft, gemessen in Verfügbaren Sitzmeilen (ASM), stieg um 6,5% auf 2.665,5 Millionen im Vergleich zu Dezember 2023. Die umsatzgenerierenden Passagiermeilen (RPM) wuchsen um 6,8% auf 2.273,1 Millionen. Der Systemladefaktor verbesserte sich auf 85,3%, was einen Anstieg um 0,2 Prozentpunkte im Vergleich zum Vorjahr darstellt.

Copa Holdings stärkt weiterhin ihre Position als führender Anbieter von Passagier- und Frachtservices in Lateinamerika und fliegt zu verschiedenen Zielen in Nord-, Mittel- und Südamerika sowie in der Karibik.

Positive
  • 6.5% increase in Available Seat Miles (ASM) capacity
  • 6.8% growth in Revenue Passenger Miles (RPM)
  • Load factor improved to 85.3%, up 0.2 percentage points year-over-year
Negative
  • None.

Insights

Copa Holdings' December traffic statistics reveal healthy growth patterns in a competitive aviation landscape. The 6.8% increase in revenue passenger miles (RPMs) outpacing the 6.5% growth in available seat miles (ASMs) demonstrates effective capacity management and strong demand in Latin American air travel markets.

The load factor improvement to 85.3% is particularly noteworthy in the seasonally busy December period. This high utilization rate, combined with expanded capacity, suggests Copa is successfully capitalizing on post-pandemic recovery in regional air travel while maintaining operational efficiency. The ability to grow capacity while slightly improving load factors indicates disciplined route network management and pricing strategies.

For investors, these metrics signal robust revenue potential, as higher load factors typically correlate with better yield management and profitability. The balanced growth in both capacity and traffic suggests Copa is executing a sustainable expansion strategy without sacrificing operational efficiency. These numbers align with broader industry recovery trends in Latin America and reflect Copa's strong competitive position in connecting North and South American markets.

PANAMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for December 2024:

Operating DataDecember
2024
December
2023
% Change
Copa Holdings (Consolidated)   
ASM (mm) (1)2,665.5 2,501.7 6.5%
RPM (mm) (2)2,273.1 2,128.6 6.8%
Load Factor (3)85.3 %85.1 %0.2p.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 number of miles flown by revenue passengers
  3. Load factor - represents the percentage of aircraft seating capacity that is actually utilized

For December 2024, Copa Holdings' capacity (ASMs) increased by 6.5%, while system-wide passenger traffic (RPMs) increased by 6.8%, compared to 2024. As a result, the system load factor for the month was 85.3%, 0.2 percentage points higher than in December 2023.

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


FAQ

What was Copa Holdings' (CPA) load factor in December 2024?

Copa Holdings reported a load factor of 85.3% in December 2024, which was 0.2 percentage points higher than December 2023.

How much did Copa Holdings' (CPA) capacity increase in December 2024?

Copa Holdings' capacity, measured in Available Seat Miles (ASM), increased by 6.5% to 2,665.5 million in December 2024 compared to the previous year.

What was Copa Holdings' (CPA) RPM growth in December 2024?

Copa Holdings' Revenue Passenger Miles (RPM) grew by 6.8% to 2,273.1 million in December 2024 compared to December 2023.

How did Copa Holdings' (CPA) December 2024 traffic performance compare to 2023?

Copa Holdings showed improved performance in December 2024 compared to 2023, with increases in ASM (6.5%), RPM (6.8%), and load factor (up 0.2 percentage points).

Copa Holdings, S.A.

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