Copa Holdings reports 2.24M ASMs in YOY 2018

Copa Holdings, S.A. (NYSE: CPA) has released 2,238.4m 2018 YTD available seat miles, compared to 2,314.0 AMSs in the same period of 2017, an increase of 4.9%, the company said.

Available seat miles for August 2018 were 17,264.8 compared to 15,920.2 in August 2017, an increase of 8.4%.

YTD RPMs for 2018 were 1,867.9m, compared to 1,816.8m in 2017, an increase of 2.8%. August 2018 RPMs were 14,490.8, compared to 13,228.4 in August 2017, an increase of 9.5%.

Load Factor YTD in 2018 was 83.4%, compared to 85.1% in the same period 2017, a decrease of 1.7p.p. The load factor in August 2018 was 93.9% compared to 83.1%, an increase of 0.8p.p.

Copa Holdings is a leading 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 one of the youngest and most modern fleets in the industry, consisting of 102 aircraft: 82 Boeing 737NG aircraft, 1 Boeing 737MAX and 19 EMBRAER-190s.