Copa Holdings Announces Monthly Traffic Statistics For January 2020

Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for January 2020:

Operating Data

January

January

% Change

2020

2019

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,168.6

2,332.8

-7.0%

  RPM (mm) (2)

1,826.8

1,937.2

-5.7%

  Load Factor (3)

84.2%

83.0%

1.2p.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 January 2020, Copa Holdings’ capacity (ASMs) decreased 7.0%, while system-wide passenger traffic (RPMs) decreased 5.7% year over year.  As a result, system load factor for the month was 84.2%, 1.2 percentage points higher than January 2019.