Copa Holdings traffic, load factor up in March YoY

Copa Holdings, S.A. (NYSE: CPA) system-wide passenger traffic (RPM) for March 2016 increased 3.4 percent year over year, while capacity decreased 0.5 percent, the company said.

As a result, system load factor for March 2016 was 75.4 percent, a 2.9 percentage point increase when compared to March 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 one of the youngest and most modern fleets in the industry, consisting of 100 aircraft: 77 Boeing 737NG aircraft and 23 EMBRAER-190s.