Copa S A : HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JULY 2022 - Form 6-K
August 12, 2022 at 03:42 pm IST
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COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JULY 2022
PANAMA CITY, Panama, August 11, 2022 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for July 2022:
Operating Data
July
July
% Change
2022
2019
Copa Holdings (Consolidated)
ASM (mm) (1)
2,194.4
2,265.7
-3.1 %
RPM (mm) (2)
1,909.0
1,962.6
-2.7 %
Load Factor (3)
87.0 %
86.6 %
0.4p.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
Given the irregular nature of the Company's operations starting in March 2020 due to the Covid-19 pandemic, we are comparing this traffic report to 2019 statistics.
Consolidated capacity (ASMs) came in 3.1% lower than July 2019, while passenger traffic (RPMs) decreased 2.7%, which resulted in an 87.0% load factor.
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
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COPA Holdings SA published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 10:10:30 UTC.
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.