Source: Copa Holdings

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

Operating Data May May % Change
2023 2022
Copa Holdings  (Consolidated)
  ASM (mm) (1) 2,313.7 2,007.5 15.3 %
  RPM (mm) (2) 1,992.9 1,720.4 15.8 %
  Load Factor (3) 86.1 % 85.7 % 0.4p.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

For the month of May 2023, Copa Holdings’ capacity (ASMs) increased 15.3%, while system-wide passenger traffic (RPMs) increased 15.8%, compared to 2022.  As a result, system load factor for the month was 86.1%, 0.4 percentage points higher than May 2022.