Copa Holdings reports 4% increase in May 2016 RPMs

Copa Holdings, S.A. (NYSE: CPA) has reported 1,406,300 revenue passenger miles in May 2016, compared to 1,353,400 in May 2015, representing a 3.9 percent increase, the company said.

Available seat miles in May 2016 were 1,813,400, compared to 1,818.200 in May 2015, a decrease of 0.3 percent.

Load factor in May 2016 was 77.6 percent compared to 74.4 percent in May 2015.

Year-to-date 2016, revenue passenger miles were 7,047,600, compared to 6,793.2 at the same period 2016. Year-to-date 2016 available seat miles were 9,132,900 compared to 9,012.4 in the same period 2015. Year-to-date load factor was 77.2 percent, compared to 75.4 percent in the same period 2015.

Copa Holdings is a Latin American provider of passenger and cargo services. The company, through its operating subsidiaries, provides service to 76 destinations in 31 countries in North, Central and South America and the Caribbean with a fleet of 100 aircraft: 77 Boeing 737NG aircraft and 23 EMBRAER-190s.