PANAMA CITY, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2025: Copa Holdings (Consolidated)November 2025November 2024% ChangeASM (mm) (1)2,777.6 2,524.1 10.0%RPM (mm) (2)2,394.7 2,173.5 10.2<td style="padding-left: 0 ; text-align: l ...

Core Insights - Copa Holdings, S.A. reported strong financial results for the third quarter of 2025, with a net profit of US$173.4 million, representing an 18.7% increase year-over-year [4][7] - The company achieved an operating margin of 23.2% and a net margin of 19.0%, reflecting improvements from the previous year [4][7] - The load factor increased to 88.0%, and capacity measured in available-seat-miles (ASM) rose by 5.8% compared to the same quarter last year [4][6] Financial Performance - Net profit for 3Q25 was US$173.4 million or US$4.20 per share, compared to US$146.0 million or US$3.50 per share in 3Q24, marking increases of 18.7% and 20.1% respectively [4][7] - Total operating revenue reached US$913.1 million, a 6.8% increase from US$854.7 million in 3Q24 [7][8] - Operating expenses totaled US$700.8 million, up 2.9% from US$681.0 million in 3Q24, with fuel costs slightly decreasing by 0.8% [7][8] Operational Metrics - The company carried 3.8 million revenue passengers in 3Q25, a 10.3% increase from 3.4 million in 3Q24 [6] - Copa Airlines maintained an on-time performance of 89.7% and a flight completion factor of 99.8%, ranking among the best in the industry [4] - The average price per fuel gallon decreased by 6.1% to US$2.44 compared to US$2.60 in 3Q24 [6][8] Fleet and Capacity - The fleet expanded to 121 aircraft by the end of September 2025, with the delivery of five Boeing 737 MAX 8 aircraft during the quarter [4] - The company expects to receive one additional aircraft before the end of the year, bringing the total to 123 aircraft [4] Cash and Investments - As of September 30, 2025, the company had approximately US$1.3 billion in cash and investments, representing 38% of the last twelve months' revenues [4] - The adjusted net debt to EBITDA ratio was 0.7 times at the end of the quarter [4] Dividend Announcement - The Board of Directors approved a fourth dividend payment of US$1.61 per share, scheduled for payment on December 15, 2025 [4]

Core Insights - Copa Holdings reported a 9.6% increase in available seat miles (ASMs) for October 2025 compared to October 2024, reaching 2,803.0 million ASMs [1][2] - Revenue passenger miles (RPMs) also saw a growth of 9.3%, totaling 2,443.6 million RPMs for the same period [1][2] - The load factor for October 2025 was 87.2%, which is a slight decrease of 0.2 percentage points from 87.4% in October 2024 [1][2] Company Overview - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, operating in North, Central, and South America, as well as the Caribbean [3]

Core Insights - Copa Holdings reported a 5.2% increase in available seat miles (ASMs) for September 2025 compared to September 2024, reaching 2,628.2 million ASMs [1][2] - Revenue passenger miles (RPMs) increased by 6.4% year-over-year, totaling 2,283.1 million RPMs for September 2025 [1][2] - The load factor for September 2025 was 86.9%, which is an improvement of 1.0 percentage points from the previous year [1][2] Company Overview - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, operating in North, Central, and South America, as well as the Caribbean [3]

Core Insights - Copa Holdings reported a 5.8% increase in capacity (ASM) for August 2025 compared to August 2024, reaching 2,755.1 million available seat miles [1] - Revenue passenger miles (RPM) increased by 9.8% year-over-year, totaling 2,432.2 million for August 2025 [1] - The load factor for August 2025 was 88.3%, which is 3.2 percentage points higher than the load factor in August 2024 [1] Company Overview - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, serving countries across North, Central, and South America, as well as the Caribbean [2] - The company operates through its subsidiaries, enhancing its service offerings in the region [2] Definitions - Available seat miles (ASM) is calculated by multiplying the aircraft seating capacity by the number of miles flown [2] - Revenue passenger miles (RPM) measures the number of miles flown by revenue-generating passengers [2] - Load factor indicates the percentage of aircraft seating capacity that is utilized [2]

Group 1 - Copa Holdings reported a 6.3% increase in capacity (ASM) for July 2025 compared to July 2024, reaching 2,854.8 million available seat miles [1] - The company experienced a 7.8% increase in system-wide passenger traffic (RPM) for July 2025, totaling 2,533.7 million revenue passenger miles [1] - The load factor for July 2025 was 88.8%, which is 1.2 percentage points higher than the load factor in July 2024 [1] Group 2 - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, serving countries across North, Central, and South America, as well as the Caribbean [2] - The company operates through its subsidiaries to deliver these services [2]

Core Insights - Copa Holdings reported strong financial results for the second quarter of 2025, achieving a net profit of US$148.9 million, or US$3.61 per share, marking a 25.2% increase in earnings per share compared to the same period in 2024 [4][7][8] - The company declared a dividend payment of US$1.61 per share, to be paid on September 15, 2025, to shareholders of record as of August 29, 2025 [1] Financial Performance - The total operating revenue for 2Q25 was US$842.6 million, a 2.8% increase from US$819.4 million in 2Q24 [7][8] - Passenger revenue increased by 2.0% to US$797.3 million, while cargo and mail revenue rose by 12.4% to US$28.3 million [7][8] - Operating expenses totaled US$666.0 million, a slight increase of 0.9% from US$659.9 million in 2Q24 [8] - The operating profit was US$176.6 million, reflecting a 10.7% increase compared to US$159.5 million in 2Q24 [8] Operational Metrics - Copa Holdings carried 3.6 million revenue passengers in 2Q25, a 9.0% increase from 3.3 million in 2Q24 [6] - The load factor improved to 87.3%, up 0.5 percentage points from 86.8% in 2Q24 [6] - The company ended the quarter with a consolidated fleet of 115 aircraft, including three new Boeing 737 MAX 8 deliveries [4][6] Cost Management - Operating cost per available seat mile (CASM) decreased by 4.6% to 8.5 cents, while CASM excluding fuel increased by 3.2% to 5.8 cents [4][6] - The average price per fuel gallon decreased by 17.0% to US$2.32 compared to the previous year [6][8] Cash Position and Debt - The company reported approximately US$1.4 billion in cash and investments, representing 39% of the last twelve months' revenues [4] - The adjusted net debt to EBITDA ratio stood at 0.6 times, indicating a strong balance sheet [4] Recognition and Awards - Copa Airlines was recognized by Skytrax as the "Best Airline in Central America and the Caribbean" for the tenth consecutive year [4]

Core Insights - Copa Holdings reported a 5.3% increase in available seat miles (ASMs) for June 2025 compared to June 2024, reaching 2,654.3 million ASMs [1][2] - Revenue passenger miles (RPMs) increased by 6.3% year-over-year, totaling 2,322.3 million RPMs for June 2025 [1][2] - The load factor for June 2025 was 87.5%, which is an improvement of 0.8 percentage points from June 2024 [1][2] Company Overview - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, operating in North, Central, and South America, as well as the Caribbean [3]

Group 1 - Copa Holdings reported a 7.0% increase in capacity (ASMs) for May 2025 compared to May 2024, reaching 2,655.2 million [1] - The system-wide passenger traffic (RPMs) increased by 7.5% in May 2025, totaling 2,327.2 million [1] - The load factor for May 2025 was 87.6%, which is 0.3 percentage points higher than the load factor in May 2024 [1] Group 2 - Copa Holdings is a leading provider of passenger and cargo services in Latin America, serving countries across North, Central, and South America, as well as the Caribbean [2]

Summary of Copa Holdings' April 2025 Traffic Statistics Core Insights - Copa Holdings reported a 5.2% increase in capacity (Available Seat Miles, ASMs) and a 5.5% increase in system-wide passenger traffic (Revenue Passenger Miles, RPMs) for April 2025 compared to April 2024, resulting in a load factor of 86.8%, which is 0.2 percentage points higher than the previous year [1][2]. Group 1: Traffic and Capacity Metrics - The total Available Seat Miles (ASMs) for April 2025 reached 2,546.6 million, up from 2,421.1 million in April 2024, reflecting a 5.2% increase [1]. - Revenue Passenger Miles (RPMs) for April 2025 were 2,209.7 million, compared to 2,095.5 million in April 2024, marking a 5.5% increase [2]. - The load factor for April 2025 was 86.8%, which is an increase of 0.2 percentage points from 86.6% in April 2024 [2]. Group 2: Company Overview - Copa Holdings is recognized as a leading provider of passenger and cargo services in Latin America, operating across North, Central, and South America, as well as the Caribbean [3].