COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR MARCH 2024
PANAMA CITY, April 11, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for March 2024:
Operating Data
March
March
% Change
2024
2023
Copa Holdings (Consolidated)
ASM (mm) (1)
2,499.1
2,224.6
12.3 %
RPM (mm) (2)
2,162.4
1,939.7
11.5 %
Load Factor (3)
86.5 %
87.2 %
-0.7p.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 March 2024, Copa Holdings' capacity (ASMs) increased by 12.3%, while system-wide passenger traffic (RPMs) also increased by 11.5%, compared to 2023. As a result, the system load factor for the month was 86.5%, 0.7 percentage points lower than in March 2023.
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
Pacific Surfliner, the popular coastal rail service connecting San Diego, Orange, Los Angeles, Ventura, Santa Barbara, and San Luis Obispo counties, has announced additional weekend train services and increased capacity starting July 20, 2024. These...
The global smart railway systems market size is estimated to grow by USD 29.78 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 15.63% during the forecast period. Expansion of railways to address...
The Wings Club Foundation, Inc. is pleased to announce that Carsten Spohr, Chief Executive Officer, Deutsche Lufthansa AG will be the recipient of this year's Distinguished Achievement Award. Acknowledging Mr. Spohr's outstanding accomplishments in...
The global automotive transmission systems market size is estimated to grow by USD 53.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.08% during the forecast period. Growing adoption of automatic...
The global automotive two-post lift market size is estimated to grow by USD 655.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 9.59% during the forecast period. Growing market for...
Avocados from Peru (AFP) is thrilled to announce the third edition of its highly successful AVO Tesla program in partnership with Lidl, set to run from July to September 2024. This year's activation promises to be bigger and better than ever,...