Copa Holdings, S.A. (NYSE: CPA), yesterday released preliminary passenger traffic statistics for December 2018:
| Operating Data | Dec | Dec | % Change | FY | FY | % Change |
| 2018 | 2017 | (YOY) | 2018 | 2017 | (YOY) | |
| Copa Holdings (Consolidated) | ||||||
| ASM (mm) (1) | 2,258.7 | 2,130.7 | 6.0% | 25,817.6 | 23,935.1 | 7.9% |
| RPM (mm) (2) | 1,854.5 | 1,760.4 | 5.3% | 21,529.5 | 19,914.2 | 8.1% |
| Load Factor (3) | 82.1% | 82.6% | -0.5p.p. | 83.4% | 83.2% | 0.2p.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 December 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 5.3% year over year, while capacity (ASMs) increased 6.0%. As a result, system load factor for the month was 82.1%, 0.5 percentage points lower than December 2017.
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