Copa Holdings Announces Monthly Traffic Statistics for January 2021
Source: Copa Holdings Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for January 2021: Operating Data January January % Change 2021 2020 Copa Holdings (Consolidated) ASM (mm) (1) 979.5 2,168.6 -54.8% RPM (mm) (2) 621.4 1,826.8 -66.0% Load Factor (3) 63.4% 84.2% -20.8p.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 54.8% lower than January 2020, while passenger traffic (RPMs) decreased 66.0%, which resulted in a 63.4% load [...]