1. Copa Holdings reports 10% increase in capacity for November 2025. 2. Passenger traffic also rose by 10.2% compared to November 2024. 3. The load factor improved slightly to 86.2%, an increase from 86.1%.
FAQ
Why Bullish?
The growth in capacity and passenger traffic indicates strong demand. Such performance often leads to increased investor confidence, as seen historically in similar airline results.
How important is it?
The reported traffic growth is a key indicator of operational health and market positioning for CPA, likely influencing its share performance positively.
Why Short Term?
Strong monthly performance can quickly boost share prices, reflecting immediate demand trends. Previous instances show rapid price upticks following positive operational metrics.
PANAMA CITY, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE:CPA) today released preliminary passenger traffic statistics for November 2025:
| Copa Holdings (Consolidated) | November 2025 | November 2024 | % Change | |||
| ASM (mm) (1) | 2,777.6 | 2,524.1 | 10.0 | % | ||
| RPM (mm) (2) | 2,394.7 | 2,173.5 | 10.2 | % | ||
| Load Factor (3) | 86.2 | % | 86.1 | % | 0.1 | p.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 passengers
- Load factor - represents the percentage of aircraft seating capacity that is utilized
For November 2025, Copa Holdings' capacity (ASMs) increased by 10.0%, while system-wide passenger traffic (RPMs) increased by 10.2% compared to 2024. As a result, the system load factor for the month was 86.2%, 0.1 percentage points higher than in November 2024.
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 ir.copaair.com.
CPA-G
Investor Relations
investor.relations@copaair.com
