Copa Holdings Announces Monthly Traffic Statistics for April 2024

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Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for April 2024:

Operating Data

April
2024

April
2023

% Change

Copa Holdings (Consolidated)

ASM (mm) (1)

2,421.1

2,208.7

9.6 %

RPM (mm) (2)

2,095.5

1,884.4

11.2 %

Load Factor (3)

86.6 %

85.3 %

    1.2 p.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 number of miles flown by revenue passengers
  3. Load factor – represents the percentage of aircraft seating capacity that is actually utilized

For April 2024, Copa Holdings’ capacity (ASMs) increased by 9.6%, while system-wide passenger traffic (RPMs) also increased by 11.2%, compared to 2023. As a result, the system load factor for the month was 86.6%, 1.2 percentage points higher than in April 2023.