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Copa Holdings August traffic up 16.8% year over year

Copa Holdings reports 16.8% year-over-year growth in August 2026 capacity and traffic while maintaining a high 88.3% load factor.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Copa Holdings, S.A. (CPA) reported strong operating metrics for August 2026, with both capacity and traffic growing sharply year over year. Available seat miles (ASMs) rose by 16.8% to 3,219.1 million, while revenue passenger miles (RPMs) also increased 16.8% to 2,840.9 million versus August 2025.

The system load factor remained unchanged at a high 88.3%, indicating that the additional capacity was absorbed by higher passenger demand. These preliminary traffic statistics reflect continued robust utilization of Copa Holdings’ network across its Latin American passenger and cargo services.

Positive

  • Capacity and traffic up 16.8% year over year in August 2026, with load factor stable at a high 88.3%, indicating strong demand absorption of added seats.

Negative

  • None.
Available seat miles (ASMs) August 2026 3,219.1 million seat miles Copa Holdings consolidated capacity for August 2026
Available seat miles (ASMs) August 2025 2,755.1 million seat miles Copa Holdings consolidated capacity for August 2025
ASM growth 16.8% Year-over-year change in capacity for August 2026 vs August 2025
Revenue passenger miles (RPMs) August 2026 2,840.9 million passenger miles Copa Holdings consolidated traffic for August 2026
Revenue passenger miles (RPMs) August 2025 2,432.2 million passenger miles Copa Holdings consolidated traffic for August 2025
RPM growth 16.8% Year-over-year change in traffic for August 2026 vs August 2025
Load factor August 2026 88.3% System-wide load factor for August 2026
Load factor August 2025 88.3% System-wide load factor for August 2025
Available seat miles financial
"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 financial
"Revenue passenger miles - represents the number of miles flown by"
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 financial
"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.

FAQ

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

How did Copa Holdings (CPA) traffic perform in August 2026?
Copa Holdings reported August 2026 RPMs of 2,840.9 million, up 16.8% from August 2025. Capacity (ASMs) also rose 16.8% to 3,219.1 million, with system load factor stable at 88.3%.

What was Copa Holdings (CPA) load factor in August 2026?
Copa Holdings’ system load factor in August 2026 was 88.3%, unchanged from August 2025. This means the percentage of aircraft seating capacity utilized remained flat year over year despite higher capacity.

How much did Copa Holdings (CPA) capacity grow in August 2026?
Copa Holdings’ capacity, measured in available seat miles (ASMs), increased by 16.8% in August 2026 compared with August 2025, reaching 3,219.1 million ASMs.

What was Copa Holdings (CPA) passenger traffic in August 2026?
Passenger traffic for Copa Holdings, measured in revenue passenger miles (RPMs), was 2,840.9 million in August 2026, a 16.8% increase compared to 2,432.2 million RPMs in August 2025.

Are the August 2026 statistics for Copa Holdings (CPA) final or preliminary?
Copa Holdings described the August 2026 figures as preliminary passenger traffic statistics. The data include ASMs, RPMs, and load factor for the month.

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

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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 September 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 August 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: 9/10/26
By: /s/ Peter Donkersloot
Name: Peter Donkersloot
Title: CFO


Exhibit 99.1
Copa Holdings Announces Monthly Traffic Statistics for August 2026
PANAMA CITY, September 10, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for August 2026:
Copa Holdings (Consolidated)August
2026		August
2025		% Change
ASM (mm) (1)
3,219.12,755.116.8 %
RPM (mm) (2)
2,840.92,432.216.8 %
Load Factor (3)
88.3 %88.3 %— 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 August 2026, Copa Holdings' capacity (ASMs) increased by 16.8%, while system-wide passenger traffic (RPMs) increased by 16.8% compared to 2025. As a result, the system load factor remained flat compared to August 2025 at 88.3%.
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

Source: View Original Filing on SEC EDGAR

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