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PANAMA CITY, Sept. 8, 2016 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for August 2016 :
Operating Data | Aug | Aug | % Change | YTD | YTD | % Change | |
2016 | 2015 | (YOY) | 2016 | 2015 | (YOY) | ||
Copa Holdings (Consolidated) | |||||||
ASM (mm) (1) | 1,869.1 | 1,807.5 | 3.4% | 14,667.7 | 14,476.2 | 1.3% | |
RPM (mm) (2) | 1,564.8 | 1,381.9 | 13.2% | 11,681.9 | 10,958.9 | 6.6% | |
Load Factor (3) | 83.7% | 76.5% | 7.3p.p. | 79.6% | 75.7% | 3.9p.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 August 2016, Copa Holdings' system-wide passenger traffic (RPMs) increased 13.2% year over year, while capacity (ASMs) increased 3.4%. As a result, system load factor for August 2016 was 83.7%, a 7.3 percentage point increase when compared to August 2015.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 74 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 100 aircraft: 78 Boeing 737NG aircraft and 22 EMBRAER-190s. For more information visit www.copa.com.
CPA-G
CONTACT:
Raúl Pascual
Panamá, Director
Investor Relations
(507) 304-2774
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-august-2016-300325012.html
SOURCE Copa Holdings, S.A.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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