Source: Copa Holdings

Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2020:

Operating Data December December % Change
2020 2019 (YOY)
Copa Holdings  (Consolidated)
  ASM (mm) (1) 832.3 2,124.5 -60.8%
  RPM (mm) (2) 622.6 1,814.0 -65.7%
  Load Factor (3) 74.8% 85.4% -10.6p.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

Consolidated capacity (ASMs) came in 60.8% lower year over year in December, while passenger traffic (RPMs) decreased 65.7% year over year, which resulted in a 74.8% load factor, 10.6 percentage points lower than December 2019.