Copa Holdings' Traffic Improves Year Over Year in December 2025

Key Takeaways CPA reported robust December traffic, with RPM rising 10.9% y/y on strong air travel demand. CPA expanded capacity in December, with ASM up 10% y/y to meet higher passenger volumes. CPA's load factor improved to 86% in December 2025, up from 85.3% a year earlier.Copa Holdings, S.A. (CPA) reported robust traffic numbers for December 2025 on the back of upbeat air travel demand. Driven by high passenger volumes, revenue passenger miles (RPM: a measure of traffic) improved on year-over-year basis ...