Copa Airlines Performance

Copa Holdings Announces Monthly Traffic Statistics for August 2019

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

Operating Data

August

August

% Change

FY

FY

% Change

2019

2018

(YOY)

2019

2018

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,125.5

2,238.4

-5.0%

16,972.5

17,264.8

-1.7%

  RPM (mm) (2)

1,812.2

1,867.9

-3.0%

14,368.4

14,490.8

-0.8%

  Load Factor (3)

85.3%

83.4%

1.8p.p.

84.7%

83.9%

0.7p.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 August 2019, Copa Holdings' capacity (ASMs) decreased 5.0%, while system-wide passenger traffic (RPMs) decreased only 3.0% year over year.  As a result, system load factor for the month was 85.3%, 1.8 percentage points higher than August 2018. 



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