Skip to main content

Market Overview

Copa Holdings Announces Monthly Traffic Statistics For November 2020

Share:

PANAMA CITY, Dec. 15, 2020 /PRNewswire/ -- Copa Holdings, S.A. (NYSE:CPA), today released preliminary passenger traffic statistics for November 2020:

Operating Data

November

November

% Change

2020

2019

(YOY)

Copa Holdings  (Consolidated)




  ASM (mm) (1)

551.1

1,987.0

-72.3%

  RPM (mm) (2)

431.5

1,700.3

-74.6%

  Load Factor (3)

78.3%

85.6%

-7.3p.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 


Consolidated capacity (ASMs) came in 72.3% lower year over year in November, while passenger traffic (RPMs) decreased 74.6% year over year, which resulted in a 78.3% load factor, 7.3 percentage points lower than November 2019. 

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 33 countries in North, Central and South America and the Caribbean.  For more information visit www.copa.com.

CPA-G

CONTACT: 
Raúl Pascual – Panamá
Director – Investor Relations
011 (507) 304-2774

Cision View original content:http://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-november-2020-301193618.html

SOURCE Copa Holdings, S.A.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com