Copa's January

Copa Holdings, released its preliminary passenger traffic statistics for January 2018 on Thursday. 
For the month of January 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 5.8% year over year, while capacity (ASMs) increased 5.4%.  As a result, system load factor for the month was 84.0%, a 0.4 percentage point increase when compared to January 2017.
Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 75 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 101 aircraft: 81 Boeing 737NG aircraft and 20 EMBRAER-190s.

Operating Data	Jan	Jan	% Change
	2018	2017	(YOY)
Copa Holdings  (Consolidated)
ASM (mm) (1)	2,170.2	2,059.2	5.4%
RPM (mm) (2)	1,823.6	1,723.0	5.8%
Load Factor (3)	84.0%	83.7%	0.4p.p.
1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers
3.  Load factor - represents the percentage of aircraft seating capacity that is actually utilized

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