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Copa Holdings Announces Monthly Traffic Statistics For April 2021

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PANAMA CITY, May 17, 2021 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for April 2021:

Operating Data

April

April

% Change

2021

2019

Copa Holdings  (Consolidated)




  ASM (mm) (1)

768.0

2,016.8

-61.9%

  RPM (mm) (2)

559.4

1,696.5

-67.0%

  Load Factor (3)

72.8%

84.1%

-11.3p.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 

Given the irregular nature of the Company's operations starting in March 2020 due to the Covid-19 pandemic, we will compare this and future traffic reports to 2019 statistics. 

Consolidated capacity (ASMs) came in 61.9% lower than April 2019, while passenger traffic (RPMs) decreased 67.0%, which resulted in a 72.8% load factor.

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-april-2021-301292894.html

SOURCE Copa Holdings, S.A.

Copa Holdings S.A.

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About CPA

Copa Holdings, S.A. is a publicly traded foreign private issuer listed on the New York Stock Exchange and parent company of Panamanian carrier Copa Airlines and its subsidiary, Colombian carrier Copa Airlines Colombia. It is headquartered in Panama City, Panama.