Copa Holdings Announces Monthly Traffic Statistics for February 2026

Copa Holdings (NYSE: CPA) released preliminary February 2026 traffic statistics showing capacity and traffic expansion.

Rhea-AI Summary

Copa Holdings (NYSE: CPA) released preliminary February 2026 traffic statistics showing capacity and traffic expansion. Available seat miles (ASM) rose 15.6% year-over-year to 2,761.8 million; revenue passenger miles (RPM) rose 16.2% to 2,406.9 million. The system load factor was 87.1%, up 0.4 percentage points versus February 2025.

These figures indicate higher capacity deployment alongside stronger passenger demand across Copa's network in the Americas and the Caribbean.

Positive

• ASM +15.6% year-over-year to 2,761.8 million
• RPM +16.2% year-over-year to 2,406.9 million
• System load factor 87.1%, up 0.4 percentage points

Negative

• None.

Argus Mar 16 session

+3.30% close to close Open Argus

Details

News Market Reaction – CPA

On Mar 16, the day this news came out, CPA closed 3.30% above the previous close.

Data tracked by StockTitan Argus for the Mar 16 session.

Key Figures

Current share price: $110.38 Available seat miles: 2,761.8 mm Revenue passenger miles: 2,406.9 mm +5 more

Current share price

$110.38

Pre-news close for CPA

Available seat miles

2,761.8 mm

ASM for February 2026

Revenue passenger miles

2,406.9 mm

RPM for February 2026

ASM growth

15.6%

Year-over-year change vs February 2025

RPM growth

16.2%

Year-over-year change vs February 2025

Load factor

87.1%

System load factor for February 2026

Load factor change

0.4 p.p.

Year-over-year increase vs February 2025

Distance from 52-week high

-29.43%

CPA vs 52-week high of $156.41

Historical Context

5 past events · Latest: Feb 26

5 events

1. Feb 26

   Annual report filing

   24h Move

   -6.4%

   Form 20-F annual report filed describing 2025 results and risk profile.

2. Feb 11

   Earnings results

   24h Move

   -0.1%

   Strong 4Q25 and full-year 2025 profits, margins, cash and new dividend.

3. Feb 09

   Monthly traffic stats

   24h Move

   -0.1%

   January 2026 showed double-digit ASM/RPM growth and higher load factor.

4. Jan 13

   Monthly traffic stats

   24h Move

   -4.2%

   December 2025 traffic growth with improved system load factor versus 2024.

5. Jan 08

   Earnings schedule

   24h Move

   +0.5%

   Announced timing and webcast details for 4Q25 earnings release and call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

available seat miles, revenue passenger miles, rpm, load factor

4 terms

available seat miles technical

"Available seat miles - represents the aircraft seating capacity multiplied by..."

Available seat miles measure the total capacity of an airline to carry passengers, calculated by multiplying the number of seats available on all flights by the distance those flights cover. It indicates how much space an airline has to generate revenue from passenger travel. For investors, higher available seat miles generally suggest a larger operation and potential for increased earnings.

revenue passenger miles technical

"Revenue passenger miles - represents the number of miles flown by revenue passengers."

Revenue passenger miles measure the total distance traveled by paying passengers on a transportation service, calculated by multiplying the number of paying passengers by the miles they travel. It shows how much revenue-generating activity a transportation company is doing, helping investors assess how well the company is attracting and serving passengers. Higher revenue passenger miles typically indicate stronger demand and better financial performance.

rpm technical

"RPM (mm) (2) | 2,406.9 | | 2,072.0 | | 16.2 | %"

Remote Patient Monitoring (RPM) is the use of digital tools to collect health data from patients outside a clinic—such as blood pressure, glucose, or weight—and send it to clinicians for ongoing review. For investors, RPM signals a shift toward continuous, outpatient care that can create steady, recurring revenue, reduce hospital visits, and attract reimbursement from payers; adoption rates and regulatory support influence the growth and profitability of companies offering RPM solutions.

load factor technical

"Load factor - represents the percentage of aircraft seating capacity that is utilized."

Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PANAMA CITY, March 16, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for February 2026:

Copa Holdings (Consolidated)	February 2026		February 2025		% Change
ASM (mm) (1)	2,761.8		2,389.9		15.6		%
RPM (mm) (2)	2,406.9		2,072.0		16.2		%
Load Factor (3)	87.1	%	86.7	%	0.4		p.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 number of miles flown by revenue passengers.
3. Load factor - represents the percentage of aircraft seating capacity that is utilized.
   

For February 2026, Copa Holdings' capacity (ASMs) increased by 15.6%, while system-wide passenger traffic (RPMs) increased by 16.2% compared to 2025. As a result, the system load factor for the month was 87.1%, 0.4 percentage points higher than in February 2025.

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 ir.copaair.com.

CPA-G

Investor Relations
investor.relations@copaair.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Copa Holdings (CPA) passenger traffic results for February 2026?

Copa reported February 2026 RPMs of 2,406.9 million, up 16.2% year-over-year. According to the company, ASM expanded 15.6% to 2,761.8 million and load factor rose to 87.1%, a 0.4 percentage-point increase versus February 2025.

How did Copa Holdings' capacity change in February 2026 compared to February 2025?

Capacity (ASMs) increased 15.6% in February 2026 versus February 2025. According to the company, ASMs were 2,761.8 million, reflecting a higher seat-mile deployment across its network in the Americas and Caribbean.

What does Copa's February 2026 load factor of 87.1% mean for CPA investors?

The load factor of 87.1% indicates a high seat-utilization rate for February 2026. According to the company, this was 0.4 percentage points higher than February 2025, suggesting demand grew slightly faster than capacity expansion that month.

Did Copa Holdings see passenger demand growth in February 2026 and by how much?

Passenger demand (RPMs) grew by 16.2% year-over-year in February 2026. According to the company, RPMs reached 2,406.9 million, outpacing the 15.6% capacity increase and marginally lifting the system load factor.

Are Copa Holdings' February 2026 traffic figures consolidated for the whole company (CPA)?

Yes, the traffic statistics are consolidated for Copa Holdings and reported under CPA. According to the company, the consolidated figures show ASMs of 2,761.8 million and RPMs of 2,406.9 million for February 2026.

Where can investors find more information about Copa Holdings' February 2026 traffic release (CPA)?

Investors can access additional details and contact investor relations via the company's IR page. According to the company, further information is available on the Copa investor relations website and via their investor relations email contact.