Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2020:

Operating Data February February % Change FY FY % Change
2020 2019 (YOY) 2020 2019 (YOY)
Copa Holdings  (Consolidated)
  ASM (mm) (1) 1,955.5 1,956.0 0.0% 4,124.1 4,288.8 -3.8%
  RPM (mm) (2) 1,642.7 1,636.0 0.4% 3,469.6 3,573.2 -2.9%
  Load Factor (3) 84.0% 83.6% 0.4p.p. 84.1% 83.3% 0.8p.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 the month of February 2020, Copa Holdings’ capacity (ASMs) remained flat while system-wide passenger traffic (RPMs) increased 0.4% year over year.  As a result, system load factor for the month was 84.0%, 0.4 percentage points higher than February 2019.

Share your thoughts

This site uses Akismet to reduce spam. Learn how your comment data is processed.