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Copa Holdings Announces Monthly Traffic Statistics for January 2025

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Copa Holdings (NYSE: CPA) has released its January 2025 traffic statistics, showing significant growth in key metrics compared to January 2024. The company's capacity (ASMs) increased by 22.1% to 2,774.6 million, while passenger traffic (RPMs) grew by 23.6% to 2,396.2 million. The system load factor improved by 1.1 percentage points to 86.4%.

These results include the impact of the partial grounding of Copa's Boeing 737 MAX-9 fleet in January 2024. Copa Holdings continues to serve as a leading Latin American provider of passenger and cargo services, connecting countries across North, Central, and South America and the Caribbean.

Copa Holdings (NYSE: CPA) ha pubblicato le sue statistiche sul traffico di gennaio 2025, mostrando una crescita significativa in metriche chiave rispetto a gennaio 2024. La capacità (ASMs) dell'azienda è aumentata del 22,1% raggiungendo i 2.774,6 milioni, mentre il traffico passeggeri (RPMs) è cresciuto del 23,6% toccando i 2.396,2 milioni. Il fattore di carico del sistema è migliorato di 1,1 punti percentuali, arrivando all'86,4%.

Questi risultati includono l'impatto dell'atterraggio parziale della flotta Boeing 737 MAX-9 di Copa a gennaio 2024. Copa Holdings continua a fungere da fornitore leader in America Latina di servizi passeggeri e cargo, collegando paesi in Nord, Centro e Sud America e nei Caraibi.

Copa Holdings (NYSE: CPA) ha publicado sus estadísticas de tráfico de enero de 2025, mostrando un crecimiento significativo en métricas clave en comparación con enero de 2024. La capacidad (ASMs) de la compañía aumentó un 22,1% alcanzando los 2.774,6 millones, mientras que el tráfico de pasajeros (RPMs) creció un 23,6% llegando a 2.396,2 millones. El factor de carga del sistema mejoró en 1,1 puntos porcentuales, alcanzando el 86,4%.

Estos resultados incluyen el impacto del aterrizaje parcial de la flota Boeing 737 MAX-9 de Copa en enero de 2024. Copa Holdings sigue siendo un proveedor líder en América Latina de servicios de pasajeros y carga, conectando países en América del Norte, Central y del Sur, así como en el Caribe.

Copa Holdings (NYSE: CPA)는 2025년 1월의 교통 통계를 발표했으며, 2024년 1월에 비해 주요 지표에서 유의미한 성장을 보였습니다. 회사의 수송능력 (ASMs)은 22.1% 증가하여 27억 7,460만에 도달하였고, 여객 교통 (RPMs)은 23.6% 증가하여 23억 9,620만에 달했습니다. 시스템의 탑재율은 1.1% 포인트 개선되어 86.4%에 이르렀습니다.

이 결과는 2024년 1월에 Copa의 보잉 737 MAX-9 기단의 부분적인 운항 중단으로 인한 영향을 포함하고 있습니다. Copa Holdings는 북미, 중미, 남미 및 카리브해 국가들을 연결하며 여객 및 화물 서비스의 선도적인 라틴 아메리카 공급업체로 계속 활동하고 있습니다.

Copa Holdings (NYSE: CPA) a publié ses statistiques de trafic de janvier 2025, montrant une croissance significative dans des indicateurs clés par rapport à janvier 2024. La capacité (ASMs) de l'entreprise a augmenté de 22,1% pour atteindre 2 774,6 millions, tandis que le trafic passagers (RPMs) a progressé de 23,6% pour atteindre 2 396,2 millions. Le taux de charge du système s'est amélioré de 1,1 point de pourcentage pour atteindre 86,4%.

Ces résultats incluent l'impact de l'immobilisation partielle de la flotte Boeing 737 MAX-9 de Copa en janvier 2024. Copa Holdings continue d'être un fournisseur de premier plan en Amérique latine pour les services de passagers et de fret, reliant des pays d'Amérique du Nord, d'Amérique centrale et d'Amérique du Sud ainsi que des Caraïbes.

Copa Holdings (NYSE: CPA) hat seine Verkehrsstatistiken für Januar 2025 veröffentlicht, die ein signifikantes Wachstum in wichtigen Kennzahlen im Vergleich zu Januar 2024 zeigen. Die Kapazität (ASMs) des Unternehmens stieg um 22,1% auf 2.774,6 Millionen, während der Passagierverkehr (RPMs) um 23,6% auf 2.396,2 Millionen wuchs. Der Auslastungsfaktor des Systems verbesserte sich um 1,1 Prozentpunkte auf 86,4%.

Diese Ergebnisse beinhalten die Auswirkungen der teilweisen Stilllegung der Boeing 737 MAX-9 Flotte von Copa im Januar 2024. Copa Holdings bleibt ein führender Anbieter von Passagier- und Frachtservices in Lateinamerika und verbindet Länder in Nord-, Mittel- und Südamerika sowie in der Karibik.

Positive
  • 23.6% increase in passenger traffic (RPMs) to 2,396.2 million
  • 22.1% growth in capacity (ASMs) to 2,774.6 million
  • Load factor improved by 1.1 percentage points to 86.4%
Negative
  • Partial grounding of Boeing 737 MAX-9 fleet affected operations in January 2024

Insights

The January 2025 traffic statistics for Copa Holdings reveal exceptional operational momentum, with the airline significantly outperforming historical growth patterns. The 22.1% increase in capacity represents one of the most aggressive expansion phases in recent years for a major Latin American carrier, indicating strong management confidence in market demand.

The 86.4% load factor is particularly impressive for a January period, which typically sees softer demand in the post-holiday season. This high utilization rate, combined with a 23.6% increase in revenue passenger miles, suggests robust yield management and pricing power. The fact that traffic growth outpaced capacity growth by 1.5 percentage points indicates strong demand absorption of the new capacity.

These metrics are especially noteworthy considering they compare against a January 2024 period affected by MAX-9 groundings, which artificially lowered the base for comparison. However, even accounting for this distortion, the underlying growth trends remain strong. The expansion appears well-calibrated to market conditions, with the load factor improvement suggesting that Copa is successfully filling its additional capacity without resorting to aggressive fare discounting.

From an operational perspective, maintaining such high load factors while implementing substantial capacity growth demonstrates excellent network planning and revenue management capabilities. This performance positions Copa favorably for potential market share gains in key Latin American routes, particularly as the region's air travel market continues its post-pandemic evolution.

PANAMA CITY, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2025:

Operating DataJanuary
2025
January
2024
% Change
Copa Holdings (Consolidated)   
ASM (mm) (1)2,774.6 2,273.2 22.1%
RPM (mm) (2)2,396.2 1,938.6 23.6%
Load Factor (3)86.4% 85.3% 1.1p.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 January 2025, Copa Holdings' capacity (ASMs) increased by 22.1%, while system-wide passenger traffic (RPMs) increased by 23.6%, compared to 2024. As a result, the system load factor for the month was 86.4%, 1.1 percentage points higher than in January 2024. These results include the effect of the partial grounding of the Company's Boeing 737 MAX-9 fleet in January 2024.

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 copaair.com.

CPA-G

CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774


FAQ

What was Copa Holdings' (CPA) load factor in January 2025?

Copa Holdings reported a load factor of 86.4% in January 2025, which was 1.1 percentage points higher than January 2024.

How much did Copa Holdings' (CPA) passenger traffic increase in January 2025?

Copa Holdings' passenger traffic (RPMs) increased by 23.6% compared to January 2024, reaching 2,396.2 million.

What was the capacity growth for Copa Holdings (CPA) in January 2025?

Copa Holdings' capacity (ASMs) grew by 22.1% to 2,774.6 million compared to January 2024.

How did the Boeing 737 MAX-9 grounding affect Copa Holdings (CPA) in January 2024?

The partial grounding of Copa Holdings' Boeing 737 MAX-9 fleet affected operations in January 2024, impacting the year-over-year comparison.

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