COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR DECEMBER 2021

 

Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2021:

Operating Data	December 2021	December 2019	% Change
Copa Holdings  (Consolidated)
ASM (mm) (1)	1,873.1	2,124.5	-11.8%
RPM (mm) (2)	1,569.6	1,814.0	-13.5%
Load Factor (3)	83.8%	85.4%	-1.6p.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 will compare this and future traffic reports to 2019 statistics.  

Consolidated capacity (ASMs) came in 11.8% lower than December 2019, while passenger traffic (RPMs) decreased 13.5%, which resulted in an 83.8% load factor.

Tags:  Copa Holdings, S.A.