Copa Holdings Announces Monthly Traffic Statistics for August 2023
Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for August 2023:
|
Operating Data |
August |
August |
% Change |
|
2023 |
2022 |
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Copa Holdings (Consolidated) |
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|
ASM (mm) (1) |
2,407.1 |
2,133.3 |
12.8 % |
|
RPM (mm) (2) |
2,093.3 |
1,847.8 |
13.3 % |
|
Load Factor (3) |
87.0 % |
86.6 % |
0.3 p.p. |
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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 August 2023, Copa Holdings’ capacity (ASMs) increased by 12.8%, while system-wide passenger traffic (RPMs) increased by 13.3%, compared to 2022. As a result, the system load factor for the month was 87.0%, 0.3 percentage points higher than August 2022.