Source: Copa Holdings
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for September 2022:
| Operating Data | September | September | % Change |
| 2022 | 2019 | ||
| Copa Holdings (Consolidated) | |||
| ASM (mm) (1) | 2,015.9 | 1,992.1 | 1.2 % |
| RPM (mm) (2) | 1,751.2 | 1,691.5 | 3.5 % |
| Load Factor (3) | 86.9 % | 84.9 % | 2.0p.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 are comparing this traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in 1.2% higher than September 2019, while passenger traffic (RPMs) increased 3.5%. As a result, system load factor for the month was 86.9%, 2.0 percentage points higher than September 2019.