Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2013:
| Operating Data | December | December | % Change | FY | FY | % Change |
| 2013 | 2012 | (YOY) | 2013 | 2012 | (YOY) | |
| Copa Holdings (Consolidated) | ||||||
| ASM (mm) (1) | 1,703.7 | 1,550.7 | 9.9% | 18,949.7 | 16,566.6 | 14.4% |
| RPM (mm) (2) | 1,324.6 | 1,181.8 | 12.1% | 14,532.8 | 12,499.4 | 16.3% |
| Load Factor (3) | 77.7% | 76.2% | 1.5p.p. | 76.7% | 75.4% | 1.2p.p. |
| International Service | ||||||
| ASM (mm) (1) | 1,650.6 | 1,484.3 | 11.2% | 18,310.1 | 15,821.9 | 15.7% |
| RPM (mm) (2) | 1,283.6 | 1,127.9 | 13.8% | 14,030.0 | 11,914.7 | 17.8% |
| Load Factor (3) | 77.8% | 76.0% | 1.8p.p. | 76.6% | 75.3% | 1.3p.p. |
| Domestic Service | ||||||
| ASM (mm) (1) | 53.1 | 66.4 | -20.1% | 639.6 | 744.7 | -14.1% |
| RPM (mm) (2) | 41.0 | 54.0 | -24.0% | 502.9 | 584.6 | -14.0% |
| Load Factor (3) | 77.2% | 81.2% | -4.0p.p. | 78.6% | 78.5% | 0.1p.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 December 2013, Copa Holdings’ system-wide passenger traffic (RPM) increased 12.1% year over year, while capacity increased 9.9%. As a result, system load factor for December 2013 was 77.7%, a 1.5 percentage point increase when compared to December 2012.
International passenger traffic grew 13.8%, while capacity increased 11.2%. This resulted in a load factor of 77.8%, a 1.8 percentage point increase when compared to December 2012. For the month, International capacity represented 96.9% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 24.0%, while capacity decreased 20.1%. As a result, domestic load factor for the month decreased 4.0 percentage points to 77.2%. For the month, domestic capacity represented 3.1% of total capacity.
Source / Author: Copa Holdings