Copa Holdings Announces Monthly Traffic Statistics for December 2020
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, [...]