Copa September revenue  up 3.5% on pre-pandemic

Copa Holdings ‘ passenger demand continues to recover, leaving behind the negative numbers it recorded since the start of the covid-19 pandemic.

In August, the company [holder of Copa Airlines and Wingo airline shares] reported its first increase in demand since October 2020.

Now, in September, the RPM – indicator used in the aviation industry to measure an airline’s real demand, or revenue per passenger, grew 3.5% compared to September 2019.

Although the company has not yet reestablished all the frequencies that it operated until February 2020, in recent months Copa Airlines has begun to operate new destinations in Venezuela and Colombia, while Wingo began with flights to the Dominican Republic and Havana, Cuba, from the Panama Pacifico airport, former Howard military base.

These two new flights, which will depart from the Panama Pacifico airport, represent an increase of 40% in the current offer of Wingo routes in Panama.

The September report of Copa Holdings, whose shares on the New York Stock Exchange exceed $70, indicates that the seating capacity grew 1.2%, while the load factor rose two percentage points to 84.9%.