Copa Airlines Performance

Copa Holdings Announces Monthly Traffic Statistics For September 2019

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

Operating Data

September

September

% Change

FY

FY

% Change

2019

2018

(YOY)

2019

2018

(YOY)

Copa Holdings (Consolidated)

ASM (mm) (1)

1,992.1

2,108.2

-5.5%

18,964.7

19,373.0

-2.1%

RPM (mm) (2)

1,691.5

1,704.0

-0.7%

16,059.9

16,194.8

-0.8%

Load Factor (3)

84.9%

80.8%

4.1p.p.

84.7%

83.6%

1.1p.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 September 2019, Copa Holdings' capacity (ASMs) decreased 5.5%, while system-wide passenger traffic (RPMs) decreased only 0.7% year over year. As a result, system load factor for the month was 84.9%, 4.1 percentage points higher than September 2018.



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