COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR FEBRUARY 2024

 

Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for February 2024:

Operating Data	February	February	% Change
	2024	2023
Copa Holdings  (Consolidated)
ASM (mm) (1)	2,348.8	2,007.3	17.0 %
RPM (mm) (2)	2,025.8	1,724.4	17.5 %
Load Factor (3)	86.3 %	85.9 %	0.3p.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 February 2024, Copa Holdings' capacity (ASMs) increased by 17.0%, while system-wide passenger traffic (RPMs) also increased by 17.5%, compared to 2023. As a result, the system load factor for the month was 86.3%, 0.3 percentage points higher than in February 2023.

Tags:  Copa Holdings