Source: Copa

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

Operating Data June June %
Change
2022 2019
Copa Holdings  (Consolidated)
  ASM (mm) (1) 2,027.2 2,064.0 -1.8 %
  RPM (mm) (2) 1,696.9 1,755.8 -3.4 %
  Load Factor (3) 83.7 % 85.1 % -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 are comparing this traffic report to 2019 statistics.

Consolidated capacity (ASMs) came in 1.8% lower than June 2019, while passenger traffic (RPMs) decreased 3.4%, which resulted in an 83.7% load factor.