Copa Holdings Announces Monthly Traffic Statistics for January 2026

Copa Holdings (NYSE: CPA) released preliminary January 2026 passenger traffic statistics.

Rhea-AI Summary

Copa Holdings (NYSE: CPA) released preliminary January 2026 passenger traffic statistics. Available seat miles (ASM) rose 11.9% to 3,104.4 million, revenue passenger miles (RPM) increased 13.3% to 2,716.0 million, and system load factor reached 87.5%, up 1.1 percentage points year-over-year.

The data indicate higher demand growth than capacity expansion for the month. Copa provides passenger and cargo services across the Americas and the Caribbean.

Positive

• ASM +11.9% to 3,104.4 million in January 2026
• RPM +13.3% to 2,716.0 million in January 2026
• Load factor +1.1 p.p. to 87.5% in January 2026

Negative

• None.

Argus Feb 10 session

-0.12% close to close Open Argus

Details

News Market Reaction – CPA

On Feb 10, the first trading day after this news, CPA closed 0.12% below the previous close.

Data tracked by StockTitan Argus for the Feb 10 session.

Key Figures

ASM: 3,104.4 mm ASM prior year: 2,774.6 mm ASM change: 11.9% +5 more

ASM

3,104.4 mm

Copa Holdings consolidated, January 2026

ASM prior year

2,774.6 mm

Copa Holdings consolidated, January 2025

ASM change

11.9%

January 2026 vs January 2025 capacity growth

RPM

2,716.0 mm

Copa Holdings consolidated, January 2026

RPM prior year

2,396.2 mm

Copa Holdings consolidated, January 2025

RPM change

13.3%

January 2026 vs January 2025 passenger traffic growth

Load factor

87.5%

System load factor, January 2026

Load factor change

1.1 p.p.

Increase vs January 2025 system load factor

Historical Context

5 past events · Latest: Jan 13

5 events

1. Jan 13

   Monthly traffic stats

   24h Move

   -4.2%

   December 2025 ASMs, RPMs and load factor all improved year-over-year.

2. Jan 08

   Earnings schedule

   24h Move

   +0.5%

   Announced timetable and webcast details for upcoming 4Q25 earnings release.

3. Dec 16

   Monthly traffic stats

   24h Move

   +0.2%

   November 2025 capacity and traffic grew with slightly higher system load factor.

4. Nov 19

   Quarterly earnings

   24h Move

   +2.6%

   3Q25 net profit, EPS, margins and traffic metrics improved versus prior year.

5. Nov 12

   Monthly traffic stats

   24h Move

   -1.2%

   October 2025 showed capacity and demand growth with a slightly lower load factor.

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, load factor, RPM

4 terms

available seat miles technical

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

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..."

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.

load factor technical

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

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.

RPM technical

"RPM (mm) (2) | | 2,716.0 | | 2,396.2 | | 13.3 | %"

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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

PANAMA CITY, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2026:

Copa Holdings (Consolidated)		January 2026		January 2025		% Change
ASM (mm)(1)		3,104.4		2,774.6		11.9	%
RPM (mm)(2)		2,716.0		2,396.2		13.3	%
Load Factor(3)		87.5	%	86.4	%	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 utilized
   

For January 2026, Copa Holdings' capacity (ASMs) increased by 11.9%, while system-wide passenger traffic (RPMs) increased by 13.3% compared to 2025. As a result, the system load factor for the month was 87.5%, 1.1 percentage points higher than in January 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 passenger traffic did Copa Holdings (CPA) report for January 2026?

Copa reported January 2026 RPMs of 2,716.0 million, a 13.3% increase year-over-year. According to the company, ASM rose 11.9% to 3,104.4 million and load factor improved to 87.5%, up 1.1 percentage points.

How much did Copa Holdings (CPA) increase capacity in January 2026?

Copa increased capacity by 11.9% in January 2026, with ASMs of 3,104.4 million. According to the company, capacity growth trailed passenger demand growth, contributing to a higher load factor for the month.

What does Copa Holdings' (CPA) January 2026 load factor indicate for demand?

The load factor was 87.5% in January 2026, up 1.1 percentage points year-over-year. According to the company, this suggests passenger demand grew faster than capacity, improving seat utilization across the network.

Did Copa Holdings (CPA) see revenue passenger mile growth in January 2026, and by how much?

Yes. Revenue passenger miles grew by 13.3% in January 2026 to 2,716.0 million. According to the company, this outpaced ASM growth, which helped raise the system load factor to 87.5% for the month.

Where does Copa Holdings (CPA) operate service as noted in the January 2026 update?

Copa provides passenger and cargo services across North, Central, and South America and the Caribbean. According to the company, its operating subsidiaries deliver the network coverage referenced alongside the January 2026 traffic figures.