Copa Holdings, S.A. Reports Consolidated Operating Results for the Month of April 2024
May 15, 2024 at 02:30 am IST
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Copa Holdings, S.A. reported consolidated operating results for the month of April 2024. For the month, the company reported ASM of 2,421.1 million against 2,208.7 million a year ago. RPM was 2,095.5 million against 1,884.4
million a year ago. Load Factor was 86.6 % against 85.3 % a year ago.
Copa Holdings, S.A. is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama. Copa Airlines provides international air transportation for passengers, cargo and mail, operating from its Panama City hub in the Republic of Panama. Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. Copa Colombia provides domestic and international air transportation for passengers, cargo and mail with a point-to-point route network. Its subsidiary, Oval Financial Leasing, Ltd., controls the special purpose entities that have a beneficial interest in the majority of its fleet.