Copa Holdings announced monthly statistics for January 2024
Source: Copa Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2024: Operating Data January January % Change 2024 2023 Copa Holdings (Consolidated) ASM (mm) (1) 2,273.2 2,364.1 -3.8 % RPM (mm) (2) 1,938.6 2,059.3 -5.9 % Load Factor (3) 85.3 % 87.1 % -1.8p.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 Following the Airworthiness Directive issued by the United States Federal Aviation Administration (FAA) on January 6, the Company suspended operations of twenty-one 737 MAX9 aircraft. From January 6 to January 29, a [...]