COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR NOVEMBER 2023

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Copa Holdings, S.A. (NYSE: CPA) reports a significant increase in passenger traffic for November 2023. The company's capacity (ASMs) rose by 11.9%, and system-wide passenger traffic (RPMs) increased by 12.4% compared to 2022. The system load factor for the month was 87.4%, marking a 0.4 percentage point increase from November 2022. Copa Holdings is a prominent Latin American provider of passenger and cargo services, operating in North, Central, and South America, and the Caribbean.

PANAMA CITY, Dec. 12, 2023 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2023:

Operating Data	November	November	% Change
	2023	2022
Copa Holdings  (Consolidated)
ASM (mm) (1)	2,327.4	2,079.6	11.9 %
RPM (mm) (2)	2,034.5	1,810.5	12.4 %
Load Factor (3)	87.4 %	87.1 %	0.4p.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

 

For November 2023, Copa Holdings' capacity (ASMs) increased by 11.9%, while system-wide passenger traffic (RPMs) increased by 12.4%, compared to 2022.  As a result, the system load factor for the month was 87.4%, 0.4 percentage points higher than in November 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.

CPA-G

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

 

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SOURCE Copa Holdings, S.A.

FAQ

What is the ticker symbol for Copa Holdings, S.A.?

The ticker symbol for Copa Holdings, S.A. is CPA and it is listed on the New York Stock Exchange (NYSE).

What are the November 2023 passenger traffic statistics for Copa Holdings, S.A.?

In November 2023, Copa Holdings, S.A. reported an 11.9% increase in capacity (ASMs) and a 12.4% increase in system-wide passenger traffic (RPMs) compared to 2022. The system load factor for the month was 87.4%, 0.4 percentage points higher than in November 2022.

Where does Copa Holdings, S.A. provide its services?

Copa Holdings, S.A. provides passenger and cargo services to countries in North, Central, and South America, as well as the Caribbean.

What is Copa Holdings, S.A.'s official website?

For more information about Copa Holdings, S.A., visit their official website at www.copaair.com.