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Copa Holdings Announces Monthly Traffic Statistics for December 2024

1. Copa Holdings' December 2024 passenger traffic rose 6.8% year-over-year. 2. Available seat miles (ASMs) increased by 6.5%, indicating capacity growth. 3. The load factor improved to 85.3%, showing efficient capacity utilization. 4. Copa remains a significant player in Latin American air travel. 5. Strong growth metrics may indicate future profitability for Copa.

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FAQ

Why Bullish?

Improved traffic and load factor suggest strong operational performance, which could drive stock value positively. Past strong growth periods often lead to stock price increases in the airline sector.

How important is it?

The statistics provide insights into Copa's operational efficiency and potential profitability, which are critical for stock valuation.

Why Short Term?

The news reflects immediate performance indicators that can quickly influence market perception. Similar reports in the past have caused swift stock price reactions.

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CPAUALDAL
PANAMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for December 2024: Operating DataDecember 2024December 2023% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,665.5 2,501.7 6.5%RPM (mm) (2)2,273.1 2,128.6 6.8%Load Factor (3)85.3 %85.1 %0.2p.p. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flown by revenue passengersLoad factor - represents the percentage of aircraft seating capacity that is actually utilized For December 2024, Copa Holdings' capacity (ASMs) increased by 6.5%, while system-wide passenger traffic (RPMs) increased by 6.8%, compared to 2024. As a result, the system load factor for the month was 85.3%, 0.2 percentage points higher than in December 2023. Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information visit www.copaair.com. CPA-G CONTACT: Daniel Tapia – Panamá Director – Investor Relations 011 (507) 304-2774

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