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Copa Holdings (NYSE: CPA) has released its October 2024 traffic statistics, showing mixed performance metrics. The airline’s capacity (ASMs) increased by 6.6% to 2,557.4 million, while passenger traffic (RPMs) grew by 6.5% to 2,235.5 million compared to October 2023. However, the system load factor slightly decreased by 0.1 percentage points to 87.4% compared to the same period last year.
Copa Holdings (NYSE: CPA) ha pubblicato le sue statistiche di traffico di ottobre 2024, mostrando metriche di performance miste. La capacità (ASMs) della compagnia aerea è aumentata del 6,6% a 2.557,4 milioni, mentre il traffico passeggeri (RPMs) è cresciuto del 6,5% a 2.235,5 milioni rispetto a ottobre 2023. Tuttavia, il fattore di carico del sistema è leggermente diminuito di 0,1 punti percentuali, raggiungendo l’87,4% rispetto allo stesso periodo dell’anno scorso.
Copa Holdings (NYSE: CPA) ha publicado sus estadísticas de tráfico de octubre de 2024, mostrando métricas de rendimiento mixtas. La capacidad (ASMs) de la aerolínea aumentó un 6.6% a 2,557.4 millones, mientras que el tráfico de pasajeros (RPMs) creció un 6.5% a 2,235.5 millones en comparación con octubre de 2023. Sin embargo, el factor de ocupación del sistema disminuyó ligeramente en 0.1 puntos porcentuales, alcanzando el 87.4% en comparación con el mismo periodo del año pasado.
Copa Holdings (NYSE: CPA)는 2024년 10월의 교통 통계를 발표하며 혼합된 성과 지표를 보여주었습니다. 항공사의 용량(ASMs)은 6.6% 증가하여 2,557.4백만에 이르렀고, 승객 교통(RPMs)은 6.5% 증가하여 2,235.5백만에 도달했습니다. 그러나 시스템의 적재율은 작년 동기 대비 0.1%포인트 감소하여 87.4%에 이릅니다.
Copa Holdings (NYSE: CPA) a publié ses statistiques de trafic d’octobre 2024, montrant des indicateurs de performance mitigés. La capacité (ASMs) de la compagnie aérienne a augmenté de 6,6% pour atteindre 2 557,4 millions, tandis que le trafic passager (RPMs) a augmenté de 6,5% pour atteindre 2 235,5 millions par rapport à octobre 2023. Cependant, le taux de charge du système a légèrement diminué de 0,1 point de pourcentage, atteignant 87,4% par rapport à la même période de l’année dernière.
Copa Holdings (NYSE: CPA) hat seine Verkehrszahlen für Oktober 2024 veröffentlicht, die gemischte Leistungskennzahlen zeigen. Die Kapazität (ASMs) der Fluggesellschaft stieg um 6,6% auf 2.557,4 Millionen, während der Passagierverkehr (RPMs) um 6,5% auf 2.235,5 Millionen im Vergleich zu Oktober 2023 zunahm. Der Auslastungsfaktor des Systems ging jedoch leicht um 0,1 Prozentpunkte auf 87,4% im Vergleich zum gleichen Zeitraum des Vorjahres zurück.
Positive
- Capacity (ASMs) increased 6.6% year-over-year
- Passenger traffic (RPMs) grew 6.5% year-over-year
- Maintained high load factor of 87.4%
Negative
- Load factor decreased 0.1 percentage points compared to October 2023
Insights
The October 2024 traffic data reveals steady operational growth for Copa Holdings. The 6.6% increase in Available Seat Miles (ASM) indicates significant capacity expansion, while the 6.5% growth in Revenue Passenger Miles (RPM) shows strong demand matching this expansion. The load factor of 87.4% remains robust, despite a minimal decline of 0.1 percentage points year-over-year.
These metrics suggest effective capacity management and healthy demand in Copa’s Latin American markets. The nearly parallel growth in both capacity and passenger traffic indicates disciplined network expansion and proper market calibration. The high load factor demonstrates efficient capacity utilization and strong revenue potential, though the slight decrease warrants monitoring for any demand softening signals.
PANAMA CITY, Nov. 13, 2024 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2024:
| Operating Data | October 2024 |
October 2023 |
% Change |
| Copa Holdings (Consolidated) | |||
| ASM (mm) (1) | 2,557.4 | 2,398.4 | 6.6% |
| RPM (mm) (2) | 2,235.5 | 2,099.8 | 6.5% |
| Load Factor (3) | 87.4 % | 87.6 % | -0.1p.p. |
- Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
- Revenue passenger miles – represents the number of miles flown by revenue passengers
- Load factor – represents the percentage of aircraft seating capacity that is actually utilized
For October 2024, Copa Holdings’ capacity (ASMs) increased by 6.6%, while system-wide passenger traffic (RPMs) increased by 6.5%, compared to 2023. As a result, the system load factor for the month was 87.4%, 0.1 percentage points lower than in October 2023.
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 www.copaair.com.
CPA-G
CONTACT: Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774
FAQ
What was Copa Holdings (CPA) passenger capacity growth in October 2024?
Copa Holdings’ capacity (ASMs) increased by 6.6% to 2,557.4 million in October 2024 compared to October 2023.
What was Copa Holdings (CPA) load factor in October 2024?
Copa Holdings reported a load factor of 87.4% in October 2024, which was 0.1 percentage points lower than October 2023.
How much did Copa Holdings (CPA) passenger traffic increase in October 2024?
Copa Holdings’ passenger traffic (RPMs) increased by 6.5% to 2,235.5 million in October 2024 compared to October 2023.
