Copa Airlines Performance

Copa Holdings Announces Monthly Traffic Statistics for March 2019

Copa Airlines

Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for March 2019:

Operating Data

Mar

2019

Mar

2018

% Change

(YOY)

FY

2019

FY

2018

% Change

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,126.6

2,170.9

-2.0%

6,415.4

6,297.6

1.9%

  RPM (mm) (2)

1,771.7

1,774.8

-0.2%

5,344.9

5,223.4

2.3%

  Load Factor (3)

83.3%

81.8%

1.6p.p.

83.3%

82.9%

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 the month of March 2019, Copa Holdings' system-wide passenger traffic (RPMs) decreased 0.2% year over year, while capacity (ASMs) decreased 2.0%.  As a result, system load factor for the month was 83.3%, 1.6 percentage points higher than March 2018. 

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 81 destinations in 33 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 105 aircraft: 6 Boeing 737 MAX9s, 82 Boeing 737NGs aircraft and 17 Embraer-190s.



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