Copa reports 1,642m RPMs in February 2020 traffic

Copa Holdings, S.A. (NYSE: CPA) has reported February revenue passenger miles (RPMs) in February 2020 were 1,642.7m, a 0.4% increase of February 2019 RPMs of 1,636m, the company said.

Revenue passenger miles for fiscal year 2020 were 3,469.6, a decrease of 2.9% when compared with 3,573.2m RPMs in February 2019.

Available seat miles (ASMs), representing capacity, in February 2020 were 1,955.5m, compared to 1,956m in February 2019. ASMs in 2020 were 4,214.1m, compared with 4,288.8 in 2019, a decrease of 3.8%.

February 2020 load factor was 84.0%, compared to 83.6% in February 2019, an increase of 0.4 p.p. Load factor in fiscal year 2020 was 84.1%, compared to 83.3% in fiscal year 2019, an increase of 0.8 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 33 countries in North, Central and South America and the Caribbean with a fleets consisting of 102 aircraft: 6 Boeing 737 MAX9s, 82 Boeing 737NGs aircraft and 14 Embraer-190s.