Source: Copa Holdings
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2020:
| Operating Data | December | December | % Change |
| 2020 | 2019 | (YOY) | |
| Copa Holdings (Consolidated) | |||
| ASM (mm) (1) | 832.3 | 2,124.5 | -60.8% |
| RPM (mm) (2) | 622.6 | 1,814.0 | -65.7% |
| Load Factor (3) | 74.8% | 85.4% | -10.6p.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 | |||
Consolidated capacity (ASMs) came in 60.8% lower year over year in December, while passenger traffic (RPMs) decreased 65.7% year over year, which resulted in a 74.8% load factor, 10.6 percentage points lower than December 2019.