Source: Copa
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for November 2020:
| Operating Data | November | November | % Change |
| 2020 | 2019 | (YOY) | |
| Copa Holdings (Consolidated) | |||
| ASM (mm) (1) | 551.1 | 1,987.0 | -72.3% |
| RPM (mm) (2) | 431.5 | 1,700.3 | -74.6% |
| Load Factor (3) | 78.3% | 85.6% | -7.3p.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 72.3% lower year over year in November, while passenger traffic (RPMs) decreased 74.6% year over year, which resulted in a 78.3% load factor, 7.3 percentage points lower than November 2019.