COPA Holdings announces monthly traffic statistics for May 2023
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 [...]