Source: Copa Holdings

Copa Holdings, S.A. released preliminary passenger traffic statistics for August 2023:

Operating Data August August % Change
2023 2022
Copa Holdings  (Consolidated)
  ASM (mm) (1) 2,407.1 2,133.3 12.8 %
  RPM (mm) (2) 2,093.3 1,847.8 13.3 %
  Load Factor (3) 87.0 % 86.6 % 0.3 p.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

For the month of August 2023, Copa Holdings’ capacity (ASMs) increased by 12.8%, while system-wide passenger traffic (RPMs) increased by 13.3%, compared to 2022.  As a result, the system load factor for the month was 87.0%, 0.3 percentage points higher than August 2022.