PANAMA CITY, Dec. 15, 2020 /PRNewswire/ -- Copa Holdings, S.A. 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
SOURCE Copa Holdings, S.A.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
