COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR DECEMBER 2023

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January 11, 2024 5:00 PM EST

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

Cision View original content:https://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-december-2023-302033179.html

SOURCE Copa Holdings, S.A.


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