Copa Holdings (CPA) March Traffic Rises From 2023 Levels

Copa Holdings, S.A. (CPA) reported solid traffic numbers for March 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) rose in double digits in March on a year-over-year basis.To match the demand swell, CPA is increasing its capacity. In March, available seat miles (a measure of capacity) increased 12.3% year over year. Revenue passenger miles increased 11.5%. The load factor (percentage of seats filled by passengers) was high at 86. ...