COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR APRIL 2024
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR APRIL 2024
PR Newswire
PANAMA CITY, May 14, 2024
PANAMA CITY, May 14, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for April 2024:
Operating Data | April | April | % Change |
Copa Holdings (Consolidated) | |||
ASM (mm) (1) | 2,421.1 | 2,208.7 | 9.6 % |
RPM (mm) (2) | 2,095.5 | 1,884.4 | 11.2 % |
Load Factor (3) | 86.6 % | 85.3 % | 1.2 p.p. |
- Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown
- Revenue passenger miles - represents the number of miles flown by revenue passengers
- Load factor - represents the percentage of aircraft seating capacity that is actually utilized
For April 2024, Copa Holdings' capacity (ASMs) increased by 9.6%, while system-wide passenger traffic (RPMs) also increased by 11.2%, compared to 2023. As a result, the system load factor for the month was 86.6%, 1.2 percentage points higher than in April 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
SOURCE Copa Holdings, S.A.
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Best- and Worst-Performing Stocks of Q2 2024
-
13 Charts On the Market’s Q2 Turnaround
-
10 Top-Performing Dividend Stocks of Q2 2024
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations
-
Real Estate: Interest Rate Movements Drive Performance
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities