Copa Holdings Announces Monthly Traffic Statistics for June 2019

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

Operating Data

June

June

% Change

FY

FY

% Change

2019

2018

(YOY)

2019

2018

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,064.0

2,169.1

-4.8%

12,581.4

12,743.6

-1.3%

  RPM (mm) (2)

1,755.8

1,827.6

-3.9%

10,593.6

10,607.7

-0.1%

  Load Factor (3)

85.1%

84.3%

0.8p.p.

84.2%

83.2%

1.0p.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 June 2019, Copa Holdings’ system-wide passenger traffic (RPMs) decreased 3.9% year over year, while capacity (ASMs) decreased 4.8%.  As a result, system load factor for the month was 85.1%, 0.8 percentage points higher than June 2018.