Copa Airlines Performance

Copa Holdings Announces Monthly Traffic Statistics For October 2019

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

Operating Data

October

October

% Change

FY

FY

% Change

2019

2018

(YOY)

2019

2018

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,035.0

2,137.0

-4.8%

20,999.6

21,510.1

-2.4%

  RPM (mm) (2)

1,727.7

1,752.6

-1.4%

17,787.6

17,947.3

-0.9%

  Load Factor (3)

84.9%

82.0%

2.9p.p.

84.7%

83.4%

1.3p.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 the month of October 2019, Copa Holdings' capacity (ASMs) decreased 4.8%, while system-wide passenger traffic (RPMs) decreased only 1.4% year over year.  As a result, system load factor for the month was 84.9%, 2.9 percentage points higher than October 2018.



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