Copa Holdings announced monthly traffic statistics for November 2023
Source: Copa Holdings Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for November 2023: Operating Data November November % Change 2023 2022 Copa Holdings (Consolidated) ASM (mm) (1) 2,327.4 2,079.6 11.9 % RPM (mm) (2) 2,034.5 1,810.5 12.4 % Load Factor (3) 87.4 % 87.1 % 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 November 2023, Copa Holdings' capacity (ASMs) increased by 11.9%, while system-wide passenger traffic (RPMs) increased by 12.4%, compared to 2022. As a result, the [...]