Copa Holdings Announces Monthly Traffic Statistics for January 2025

Rhea-AI Summary

Copa Holdings (NYSE: CPA) has released its January 2025 traffic statistics, showing significant growth in key metrics compared to January 2024. The company's capacity (ASMs) increased by 22.1% to 2,774.6 million, while passenger traffic (RPMs) grew by 23.6% to 2,396.2 million. The system load factor improved by 1.1 percentage points to 86.4%.

These results include the impact of the partial grounding of Copa's Boeing 737 MAX-9 fleet in January 2024. Copa Holdings continues to serve as a leading Latin American provider of passenger and cargo services, connecting countries across North, Central, and South America and the Caribbean.

Positive

• 23.6% increase in passenger traffic (RPMs) to 2,396.2 million
• 22.1% growth in capacity (ASMs) to 2,774.6 million
• Load factor improved by 1.1 percentage points to 86.4%

Negative

• Partial grounding of Boeing 737 MAX-9 fleet affected operations in January 2024

PANAMA CITY, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2025:

Operating Data	January 2025		January 2024		% Change
Copa Holdings (Consolidated)
ASM (mm) (1)	2,774.6		2,273.2		22.1	%
RPM (mm) (2)	2,396.2		1,938.6		23.6	%
Load Factor (3)	86.4%		85.3%		1.1	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 actually utilized
   
   

For January 2025, Copa Holdings' capacity (ASMs) increased by 22.1%, while system-wide passenger traffic (RPMs) increased by 23.6%, compared to 2024. As a result, the system load factor for the month was 86.4%, 1.1 percentage points higher than in January 2024. These results include the effect of the partial grounding of the Company's Boeing 737 MAX-9 fleet in January 2024.

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 copaair.com.

CPA-G

CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774

FAQ

What was Copa Holdings' (CPA) load factor in January 2025?

Copa Holdings reported a load factor of 86.4% in January 2025, which was 1.1 percentage points higher than January 2024.

How much did Copa Holdings' (CPA) passenger traffic increase in January 2025?

Copa Holdings' passenger traffic (RPMs) increased by 23.6% compared to January 2024, reaching 2,396.2 million.

What was the capacity growth for Copa Holdings (CPA) in January 2025?

Copa Holdings' capacity (ASMs) grew by 22.1% to 2,774.6 million compared to January 2024.

How did the Boeing 737 MAX-9 grounding affect Copa Holdings (CPA) in January 2024?

The partial grounding of Copa Holdings' Boeing 737 MAX-9 fleet affected operations in January 2024, impacting the year-over-year comparison.