Copa Holdings S.A. (CPA) Recent Earnings
Copa Holdings S.A. (CPA) reported 4th Quarter December 2016 earnings of $1.42 per share on revenue of $601.3 million. The consensus earnings estimate was $1.35 per share. Revenue grew 12.9% on a year-over-year basis.
Copa Holdings SA is a provider of airline passenger and cargo service through its two operating subsidiaries, Copa Airlines and Copa Colombia.
Copa Holdings Announces Monthly Traffic Statistics For January 2017
Copa Holdings, S.A. (CPA), today released preliminary passenger traffic statistics for January 2017:
ASM (mm) (1)
RPM (mm) (2)
Load Factor (3)
Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
Revenue passenger miles - represents the numbers of miles flown by revenue passengers
Load factor - represents the percentage of aircraft seating capacity that is actually utilized
For the month of January 2017, Copa Holdings system-wide passenger traffic (RPMs) increased 10.7% year over year, while capacity (ASMs) increased 5.7%. As a result, system load factor for January 2017 was 83.7%, a 3.8 percentage point increase when compared to January 2016.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 73 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 100 aircraft: 79 Boeing 737NG aircraft and 21 EMBRAER-190s. For more information visit www.copa.com.
CONTACT: Ra?l Pascual - Panam?
Director - Investor Relations
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SOURCE Copa Holdings, S.A.