Copa Holdings October 2024 Traffic Improves Year Over Year [Yahoo! Finance]
Copa Holdings, S.A. Copa Holdings, S.A. Class A (CPA)
Last copa holdings, s.a. copa holdings, s.a. class a earnings: 2/12 04:45 pm
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Source: Yahoo! Finance
Driven by high passenger volumes, revenue passenger miles (a measure of traffic) improved on a year-over-year basis in October. To match the demand swell, CPA is increasing its capacity. In October, available seat miles (a measure of capacity) increased 6.6% year over year. Revenue passenger miles increased 6.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor (percentage of seats filled by passengers) fell to 87.4% from 87.6% in October 2023. Apart from Copa Holdings, we found another airline company, Ryanair Holdings RYAAY, aEuropean carrier, also reported impressive traffic numbers for October 2024. The number of passengers transported on Ryanair flights was 18.3 million in October 2024, reflecting a 7% year-over-year increase. The October load factor (percentage of seats filled by passengers) of 93% remained flat on a year-over-year basis, reflecting consistent passenger demand for the
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CPA
Earnings
- 11/20/24 - Beat
CPA
Analyst Actions
- 8/29/24 - JP Morgan
CPA
Sec Filings
- 11/14/24 - Form 6-K
- 11/12/24 - Form SC
- 10/24/24 - Form SC
- CPA's page on the SEC website