PANAMA
CITY, Feb. 14, 2024 /PRNewswire/ -- Copa
Holdings, S.A. (NYSE: CPA) today released preliminary passenger
traffic statistics for January
2024:
|
Operating
Data
|
January
|
January
|
%
Change
|
|
2024
|
2023
|
|
Copa Holdings
(Consolidated)
|
|
|
|
|
ASM (mm)
(1)
|
2,273.2
|
2,364.1
|
-3.8 %
|
|
RPM (mm)
(2)
|
1,938.6
|
2,059.3
|
-5.9 %
|
|
Load
Factor (3)
|
85.3 %
|
87.1 %
|
-1.8p.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
|
|
Following the Airworthiness Directive issued by
the United States Federal Aviation Administration (FAA) on
January 6, the Company suspended
operations of twenty-one 737 MAX9 aircraft. From January 6 to January 29, a total of 1788 flights
were canceled. After undergoing the technical inspections required
by the regulators, all of these aircraft have returned to Copa
Airlines' flight schedule.
Given this situation, for January 2024, Copa Holdings' capacity (ASMs)
decreased by 3.8%, while system-wide passenger traffic (RPMs) also
decreased by 5.9%, compared to 2023. As a result, the system load
factor for the month was 85.3%, 1.8 percentage points lower than in
January 2023.
Copa Holdings is a leading Latin American
provider of passenger and cargo services. The Company,
through its operating subsidiaries, provides service to countries
in North, Central, and South
America and the Caribbean.
For more information visit
www.copaair.com.
CPA-G
|
CONTACT:
|
Daniel Tapia –
Panamá
|
|
Director – Investor
Relations
|
|
011 (507)
304-2774
|
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content:https://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-january-2024-302062339.html
SOURCE Copa Holdings, S.A.
