For the month of November 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 6.7% year over year, while capacity (ASMs) increased 4.1%. As a result, system load factor for the month was 84.3%, 2.1 percentage points higher than November 2017.
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for November 2018:
Operating Data |
Nov |
Nov |
% Change |
YTD |
YTD |
% Change |
2018 |
2017 |
(YOY) |
2018 |
2017 |
(YOY) |
|
Copa Holdings (Consolidated) |
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ASM (mm) (1) |
2,048.9 |
1,968.8 |
4.1% |
23,559.0 |
21,804.4 |
8.0% |
RPM (mm) (2) |
1,727.6 |
1,619.3 |
6.7% |
19,675.0 |
18,153.7 |
8.4% |
Load Factor (3) |
84.3% |
82.2% |
2.1p.p. |
83.5% |
83.3% |
0.3p.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 |
For the month of November 2018, Copa Holdings’ system-wide passenger traffic (RPMs) increased 6.7% year over year, while capacity (ASMs) increased 4.1%. As a result, system load factor for the month was 84.3%, 2.1 percentage points higher than November 2017.