Copa S A : Holdings Announces Monthly Traffic Statistics for December 2018
January 17, 2019 at 06:54 pm
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PANAMA CITY, Jan. 17, 2019 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2018:
Operating Data
Dec
Dec
% Change
FY
FY
% Change
2018
2017
(YOY)
2018
2017
(YOY)
Copa Holdings (Consolidated)
ASM (mm) (1)
2,258.7
2,130.7
6.0%
25,817.6
23,935.1
7.9%
RPM (mm) (2)
1,854.5
1,760.4
5.3%
21,529.5
19,914.2
8.1%
Load Factor (3)
82.1%
82.6%
-0.5p.p.
83.4%
83.2%
0.2p.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 December 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 5.3% year over year, while capacity (ASMs) increased 6.0%. As a result, system load factor for the month was 82.1%, 0.5 percentage points lower than December 2017.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 80 destinations in 32 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 106 aircraft: 82 Boeing 737NG aircraft, 5 Boeing 737 MAX9 and 19 Embraer-190s. For more information visitwww.copa.com.
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SOURCE Copa Holdings, S.A.
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COPA Holdings SA published this content on 17 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 January 2019 23:53:02 UTC
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.