PANAMA CITY, Jan. 11, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for December 2023 :
Operating Data | December | December | % Change |
2023 | 2022 | ||
Copa Holdings (Consolidated) | |||
ASM (mm) (1) | 2,501.7 | 2,288.1 | 9.3 % |
RPM (mm) (2) | 2,128.6 | 1,924.1 | 10.6 % |
Load Factor (3) | 85.1 % | 84.1 % | 1.0p.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 December 2023, Copa Holdings' capacity (ASMs) increased by 9.3%, while system-wide passenger traffic (RPMs) increased by 10.6%, compared to 2022. As a result, the system load factor for the month was 85.1%, 1.0 percentage points higher than in December 2022 .
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean . For more information visit www.copaair.com.
CPA-G
PRESS RELEASE CONTACT: Daniel Tapia - Panamá
Director - Investor Relations
011 (507) 304-2774
SOURCE Copa Holdings, S.A.
