Copa Holdings Announces Monthly Traffic Statistics For July 2019

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

Operating Data

July

July

% Change

FY

FY

% Change

2019

2018

(YOY)

2019

2018

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,265.7

2,282.8

-0.8%

14,847.1

15,026.4

-1.2%

  RPM (mm) (2)

1,962.6

2,015.2

-2.6%

12,556.2

12,622.9

-0.5%

  Load Factor (3)

86.6%

88.3%

-1.7p.p.

84.6%

84.0%

0.6p.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 July 2019, Copa Holdings’ system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs) decreased 0.6%.  As a result, system load factor for the month was 86.6%, 1.7 percentage points lower than July 2018.