Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for October 2013:
| Operating Data | October | October | % Change | YTD | YTD | % Change |
| 2013 | 2012 | (YOY) | 2013 | 2012 | (YOY) | |
| Copa Holdings (Consolidated) | ||||||
| ASM (mm) (1) | 1,598.0 | 1,463.5 | 9.2% | 15,678.1 | 13,583.5 | 15.4% |
| RPM (mm) (2) | 1,187.9 | 1,085.9 | 9.4% | 11,995.7 | 10,219.3 | 17.4% |
| Load Factor (3) | 74.3% | 74.2% | 0.1p.p. | 76.5% | 75.2% | 1.3p.p. |
| International Service | ||||||
| ASM (mm) (1) | 1,546.6 | 1,399.0 | 10.5% | 15,141.3 | 12,967.6 | 16.8% |
| RPM (mm) (2) | 1,147.3 | 1,035.1 | 10.8% | 11,573.8 | 9,738.6 | 18.8% |
| Load Factor (3) | 74.2% | 74.0% | 0.2p.p. | 76.4% | 75.1% | 1.3p.p. |
| Domestic Service | ||||||
| ASM (mm) (1) | 51.4 | 64.5 | -20.3% | 536.8 | 615.9 | -12.8% |
| RPM (mm) (2) | 40.6 | 50.8 | -20.1% | 421.9 | 480.7 | -12.2% |
| Load Factor (3) | 79.0% | 78.8% | 0.3p.p. | 78.6% | 78.1% | 0.5p.p. |
| 1. Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown. | ||||||
| 2. Revenue passenger miles – represents the numbers of miles flown by revenue passengers | ||||||
| 3. Load factor – represents the percentage of aircraft seating capacity that is actually utilized | ||||||
For the month of October 2013, Copa Holdings’ system-wide passenger traffic (RPM) increased 9.4% year over year, while capacity increased 9.2%. As a result, system load factor for October 2013 was 74.3%, a 0.1 percentage point increase when compared to October 2012.
International passenger traffic grew 10.8%, while capacity increased 10.5%. This resulted in a load factor of 74.2%, a 0.2 percentage point increase when compared to October 2012. For the month, International capacity represented 96.8% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 20.1%, while capacity decreased 20.3%. As a result, domestic load factor for the month increased 0.3 percentage points to 79.0%. For the month, domestic capacity represented 3.2% of total capacity.
Source / Author: Copa Holdings