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12.12.2016 23:00:00
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Copa Holdings Announces Monthly Traffic Statistics For November 2016
PANAMA CITY, Dec. 12, 2016 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for November 2016:
For the month of November 2016, Copa Holdings' system-wide passenger traffic (RPMs) increased 11.8% year over year, while capacity (ASMs) increased 2.7%. As a result, system load factor for November 2016 was 80.6%, a 6.6 percentage point increase when compared to November 2015.
Operating Data | Nov | Nov | % Change | YTD | YTD | % Change |
Copa Holdings (Consolidated) | ||||||
ASM (mm) (1) | 1,815.2 | 1,768.2 | 2.7% | 20,028.6 | 19,738.1 | 1.5% |
RPM (mm) (2) | 1,463.6 | 1,309.0 | 11.8% | 16,088.4 | 14,837.1 | 8.4% |
Load Factor (3) | 80.6% | 74.0% | 6.6p.p. | 80.3% | 75.2% | 5.2p.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 numbers of miles flown by revenue passengers | ||||||
3. Load factor - represents the percentage of aircraft seating capacity that is actually utilized | ||||||
For the month of November 2016, Copa Holdings' system-wide passenger traffic (RPMs) increased 11.8% year over year, while capacity (ASMs) increased 2.7%. As a result, system load factor for November 2016 was 80.6%, a 6.6 percentage point increase when compared to November 2015.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 74 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 99 aircraft: 78 Boeing 737NG aircraft and 21 EMBRAER-190s. For more information visit www.copa.com.
CPA-G
CONTACT: Raúl Pascual – Panamá
Director – Investor Relations
(507) 304-2774
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-november-2016-300376763.html
SOURCE Copa Holdings, S.A.
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