Copa Holdings (CPA) August Traffic Increase 13.2%
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Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for August 2016:
Operating Data | Aug | Aug | % Change | YTD | YTD | % Change | |
2016 | 2015 | (YOY) | 2016 | 2015 | (YOY) | ||
Copa Holdings (Consolidated) | |||||||
ASM (mm) (1) | 1,869.1 | 1,807.5 | 3.4% | 14,667.7 | 14,476.2 | 1.3% | |
RPM (mm) (2) | 1,564.8 | 1,381.9 | 13.2% | 11,681.9 | 10,958.9 | 6.6% | |
Load Factor (3) | 83.7% | 76.5% | 7.3p.p. | 79.6% | 75.7% | 3.9p.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 August 2016, Copa Holdings' system-wide passenger traffic (RPMs) increased 13.2% year over year, while capacity (ASMs) increased 3.4%. As a result, system load factor for August 2016 was 83.7%, a 7.3 percentage point increase when compared to August 2015.
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