Copa Holdings Announces Monthly Traffic Statistics for October 2023

Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2023:

Operating Data

October

October

% Change

2023

2022

Copa Holdings  (Consolidated)

  ASM (mm) (1)

2,398.4

2,141.0

12.0 %

  RPM (mm) (2)

2,099.8

1,904.8

10.2 %

  Load Factor (3)

87.6 %

89.0 %

-1.4p.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 October 2023, Copa Holdings’ capacity (ASMs) increased by 12.0%, while system-wide passenger traffic (RPMs) increased by 10.2%, compared to 2022.  As a result, the system load factor for the month was 87.6%, 1.4 percentage points lower than in October 2022.