Copa Holdings Announced Monthly Traffic Statistics for March 2024
Source: Copa Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for March 2024: Operating Data March March % Change 2024 2023 Copa Holdings (Consolidated) ASM (mm) (1) 2,499.1 2,224.6 12.3 % RPM (mm) (2) 2,162.4 1,939.7 11.5 % Load Factor (3) 86.5 % 87.2 % -0.7p.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 March 2024, Copa Holdings' capacity (ASMs) increased by 12.3%, while system-wide passenger traffic (RPMs) also increased by 11.5%, compared to 2023. As a [...]