Source: Copa Holdings

Copa Holdings, S.A., today released preliminary passenger traffic statistics for December 2021:

Operating Data December
2021
December
2019
% Change
Copa Holdings  (Consolidated)
  ASM (mm) (1) 1,873.1 2,124.5 -11.8%
  RPM (mm) (2) 1,569.6 1,814.0 -13.5%
  Load Factor (3) 83.8% 85.4% -1.6p.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

Given the irregular nature of the Company’s operations starting in March 2020 due to the Covid-19 pandemic, we will compare this and future traffic reports to 2019 statistics.

Consolidated capacity (ASMs) came in 11.8% lower than December 2019, while passenger traffic (RPMs) decreased 13.5%, which resulted in a 83.8% load factor.