Copa Holdings March 2025 Traffic Improves Year Over Year

Core Insights - Copa Holdings, S.A. (CPA) reported an increase in traffic numbers for March 2025, driven by strong air-travel demand, with revenue passenger miles improving year-over-year [1] - To meet the rising demand, CPA increased its capacity, with available seat miles rising by 5.5% year-over-year, while revenue passenger miles increased by 5.2% [2] - Despite the increase in traffic, the load factor decreased to 86.3% from 86.5% in the previous year due to capacity expansion outpacing traffic growth [2] Copa Holdings Performance - CPA currently holds a Zacks Rank of 3 (Hold), with shares declining by 3% over the past three months, compared to a 25.1% decline in the Zacks Airline industry [3] Competitor Performance - LATAM Airlines reported a 7.2% year-over-year increase in consolidated capacity and a 5.6% increase in revenue passenger kilometers for March 2025, despite the impact of the Carnival holidays [7][8] - LATAM's load factor fell to 81.9% from 83.9% in March 2024, with 6.9 million passengers transported, reflecting a 3% year-over-year increase [8][9] - Ryanair Holdings reported a 10% year-over-year increase in passengers transported, totaling 15 million in March 2025, with a stable load factor of 93% [10][11] - Ryanair operated over 84,000 flights in March 2025, an increase from previous months, and achieved a milestone of flying 200.2 million passengers in its fiscal year ending March 2025 [11][12]