[6-K] Copa Holdings, S.A. Current Report (Foreign Issuer)

Copa Holdings, S.A. reported higher February 2026 traffic, showing solid growth in its airline operations.

Rhea-AI Filing Summary

Copa Holdings, S.A. reported higher February 2026 traffic, showing solid growth in its airline operations. Available seat miles (capacity) rose 15.6% to 2,761.8 million from 2,389.9 million a year earlier, while revenue passenger miles (actual traffic) increased 16.2% to 2,406.9 million from 2,072.0 million.

Because traffic grew slightly faster than capacity, the system load factor, which measures how full the planes were, improved to 87.1%, up from 86.7% in February 2025. This indicates Copa filled a larger share of its seats while expanding its network across the Americas and the Caribbean.

FAQ

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

How did Copa Holdings (CPA) traffic perform in February 2026?

Copa Holdings reported strong February 2026 traffic growth. Capacity reached 2,761.8 million available seat miles and revenue passenger miles were 2,406.9 million, reflecting double-digit increases versus February 2025, alongside a slightly higher load factor of 87.1%.

What was Copa Holdings (CPA) load factor in February 2026?

Copa Holdings’ February 2026 load factor was 87.1%. This metric, which shows the percentage of seats filled, improved by 0.4 percentage points compared to 86.7% in February 2025, indicating fuller aircraft as the company expanded capacity.

How much did Copa Holdings (CPA) capacity grow year-over-year in February 2026?

Copa Holdings grew capacity by 15.6% in February 2026 versus February 2025. Capacity, measured as available seat miles, increased from 2,389.9 million to 2,761.8 million as the airline expanded flights across its network in the Americas and Caribbean.

What was the change in Copa Holdings (CPA) passenger traffic in February 2026?

Passenger traffic at Copa Holdings rose 16.2% in February 2026 compared with February 2025. Revenue passenger miles increased from 2,072.0 million to 2,406.9 million, showing that more paying passengers traveled more miles on the airline’s routes.

What do ASMs and RPMs mean in Copa Holdings (CPA) traffic report?

Available seat miles (ASMs) measure capacity by multiplying seats by miles flown. Revenue passenger miles (RPMs) measure demand as miles flown by paying passengers. In February 2026, both ASMs and RPMs increased double digits, with RPMs growing slightly faster.

Where does Copa Holdings (CPA) primarily operate its air services?

Copa Holdings operates passenger and cargo services throughout Latin America. Through its subsidiaries, the company serves countries in North, Central, and South America and the Caribbean, leveraging its regional hub network to connect major cities across these markets.

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

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Accepted by SEC EDGAR 03/16/2026 - 09:08 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________________________

FORM 6-K

_______________________________________________

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

Report on Form 6-K dated for the month of March 2026

_______________________________________________

Copa Holdings, S.A.

(Translation of Registrant’s Name Into English)

_______________________________________________

Boulevard Costa del Este, Avenida Principal y Avenida de la Rotonda

Urbanización Costa del Este

Complejo Business Park, Torre Norte

ParqueLefevre

Panama City, Panama

(Address of principal executive offices)

_______________________________________________

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F o

(Indicate by check whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes o No x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b);82- )

Enclosure: Press Release - Copa Holdings Announces Monthly Traffic Statistics for February 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

			Copa Holdings, S.A. (Registrant)
Date: 3/16/26
			By:			/s/ Peter Donkersloot
						Name: Peter Donkersloot Title: CFO

Exhibit 99.1

Copa Holdings Announces Monthly Traffic Statistics for February 2026

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

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 9.9 KB