Source: Copa Airlines

Copa Holdings, S.A.,  released preliminary passenger traffic statistics for March 2022:

Operating Data

March

March

% Change

2022

2019

Copa Holdings  (Consolidated)

  ASM (mm) (1)

1,947.3

2,126.6

-8.4%

  RPM (mm) (2)

1,650.5

1,771.7

-6.8%

  Load Factor (3)

84.8%

83.3%

1.4p.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 8.4% lower than March 2019, while passenger traffic (RPMs) decreased 6.8%, which resulted in an 84.8% load factor.