Copa Holdings reports 6% increase in December 2018 available seat miles

Copa Holdings, S.A. (NYSE: CPA) has reported 2,258.7m in December 2018 available seat miles, a 6% increase compared with December 2017 ASM of 2,130.7m, the company said.

December 2018 revenue passenger miles (RPMs) were 1.854.5m, a 5.3% increase compared with December 2017 RPMs of 1,760.4m.

Load factor in December 2018 was 82.1, compared to 82.6 in December 2017, a decrease of 0.5pp.

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 one of the youngest and most modern fleets in the industry, consisting of 106 aircraft: 82 Boeing 737NG aircraft, 5 Boeing 737 MAX9 and 19 Embraer-190s.