For the month of October 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 2.7% year over year, while capacity (ASMs) increased 6.2%. As a result, system load factor for the month was 82.0%, 2.8 percentage points lower than October 2017.
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for October 2018:
|
Operating Data |
Oct |
Oct |
% Change |
YTD |
YTD |
% Change |
|
2018 |
2017 |
(YOY) |
2018 |
2017 |
(YOY) |
|
|
Copa Holdings (Consolidated) |
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|
ASM (mm) (1) |
2,137.0 |
2,012.7 |
6.2% |
21,510.1 |
19,835.6 |
8.4% |
|
RPM (mm) (2) |
1,752.6 |
1,706.1 |
2.7% |
17,947.3 |
16,534.4 |
8.5% |
|
Load Factor (3) |
82.0% |
84.8% |
-2.8p.p. |
83.4% |
83.4% |
0.1p.p. |
|
1. Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown. |
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|
2. Revenue passenger miles – represents the numbers of miles flown by revenue passengers |
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|
3. Load factor – represents the percentage of aircraft seating capacity that is actually utilized |
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For the month of October 2018, Copa Holdings’ system-wide passenger traffic (RPMs) increased 2.7% year over year, while capacity (ASMs) increased 6.2%. As a result, system load factor for the month was 82.0%, 2.8 percentage points lower than October 2017.