Copa Holdings, S.A. Reports Consolidated Operating Results for the Month and Year to Date Ended December 2019
January 13, 2020 at 04:45 pm
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Copa Holdings, S.A. reported consolidated operating results for the month and year to date ended December 2019. For the month, the company reported ASMs of 2,124.5 mm compared to 2,258.7 mm a year ago. RPMs were 1,814.0 mm compared to 1,854.5 mm a year ago. Load factor was 85.4% compared to 82.1% a year ago.
For the year to date, the company reported ASMs of 25,113.5 mm compared to 25,817.6 mm a year ago. RPMs were 21,303.4 mm compared to 21,529.5 mm a year ago. Load factor was 84.8% compared to 83.4% a year ago.
Copa Holdings, S.A. is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama. Copa Airlines provides international air transportation for passengers, cargo and mail, operating from its Panama City hub in the Republic of Panama. Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. Copa Colombia provides domestic and international air transportation for passengers, cargo and mail with a point-to-point route network. Its subsidiary, Oval Financial Leasing, Ltd., controls the special purpose entities that have a beneficial interest in the majority of its fleet.
COPA HOLDINGS, S.A. 
