Copa Holdings Announces Monthly Traffic Statistics for February 2021
Source: Copa Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2021: Operating Data February February % Change 2021 2020 Copa Holdings (Consolidated) ASM (mm) (1) 728.1 1,955.5 -62.8% RPM (mm) (2) 506.8 1,642.7 -69.1% Load Factor (3) 69.6% 84.0% -14.4p.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 Consolidated capacity (ASMs) came in 62.8% lower than February 2020, while passenger traffic (RPMs) decreased 69.1%, which resulted in a 69.6% load factor, [...]