Copa Holdings reports 1.9m revenue passenger miles in July 2019

Copa Holdings, S.A. (NYSE: CPA) has reported 1,962,600 in July 2019 revenue passenger miles (RPMs), compared to 2,015,200 in July 2018, the company said.

Year-to-date RPMs were 12,556,200 compared to 12,622,900 in the same period of 2018, a decrease of (0.5%).

Available seat miles (ASMs) in July 2019 were 2,265,700, compared to 2,282,800 in July 2018, a decrease of (0.8)%. Year-to-date ASMs were 14,847,100, compared to 15,026,400 in the same period of 2018, a decrease of (1.2)%.

Load factor in July 2019 was 86.6%, compared to 88.3% in July 2018, a decrease of (1.7) p.p. Year-to-date load factor was 84.6%, compared to 84.0%, an increase of 0.6 p.p.

Copa Holdings is a Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 80 destinations in 32 countries in North, Central and South America and the Caribbean with a fleet consisting of 104 aircraft: 82 Boeing 737NG aircraft, 6 Boeing 737 MAX9s and 16 EMBRAER-190s.