Copa Holdings Reports November 2025 Passenger Traffic Growth and Increased Capacity

Copa Holdings reports a 10% increase in capacity and passenger traffic for November 2025 compared to the previous year.

Quiver AI Summary

Copa Holdings, S.A. reported its preliminary passenger traffic statistics for November 2025, showing a 10.0% increase in capacity (measured in available seat miles) and a 10.2% rise in system-wide passenger traffic (measured in revenue passenger miles) compared to November 2024. The load factor, which indicates the utilization of available seating capacity, slightly improved to 86.2%, an increase of 0.1 percentage points from the previous year. Copa Holdings is a major provider of passenger and cargo services in Latin America, servicing regions across North, Central, and South America, as well as the Caribbean.

Potential Positives

Passenger traffic (RPMs) increased by 10.2% compared to November 2024, indicating strong demand for Copa Holdings' services.
Overall capacity (ASMs) also grew by 10.0%, reflecting the company's ability to expand its operations effectively.
The load factor of 86.2% is a positive signal of efficient capacity utilization, up from the previous year's 86.1%.
Copa Holdings continues to establish itself as a leading provider of passenger and cargo services across Latin America and the Caribbean.

Potential Negatives

Despite an increase in capacity and passenger traffic, the minute increase in load factor (only 0.1 percentage points higher) may indicate challenges in improving overall operational efficiency and profitability.
The report lacks specific financial metrics or projections, leaving investors uncertain about the company's revenue performance and future outlook despite positive traffic statistics.
With the overall increase in capacity and traffic, potential overcapacity may lead to decreased pricing power in a competitive market, raising concerns about future profitability.

FAQ

What are the passenger traffic statistics for Copa Holdings in November 2025?

Copa Holdings reported a 10.2% increase in revenue passenger miles and a 10.0% increase in available seat miles.

How does Copa Holdings' load factor compare to November 2024?

The load factor for November 2025 was 86.2%, slightly up by 0.1 percentage points compared to November 2024.

What does ASM stand for in aviation statistics?

ASM stands for Available Seat Miles, representing aircraft seating capacity multiplied by the number of miles flown.

What services does Copa Holdings provide?

Copa Holdings offers passenger and cargo services across North, Central, and South America, as well as the Caribbean.

Where can I find more information about Copa Holdings?

More information about Copa Holdings is available on their investor relations website at ir.copaair.com.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CPA Hedge Fund Activity

We have seen 160 institutional investors add shares of $CPA stock to their portfolio, and 102 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CITADEL ADVISORS LLC removed 669,959 shares (-99.5%) from their portfolio in Q3 2025, for an estimated $79,604,528
DRIEHAUS CAPITAL MANAGEMENT LLC added 577,673 shares (+753.0%) to their portfolio in Q3 2025, for an estimated $68,639,105
CARRHAE CAPITAL LLP removed 512,143 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $60,852,831
JPMORGAN CHASE & CO removed 405,993 shares (-20.2%) from their portfolio in Q3 2025, for an estimated $48,240,088
SPRUCEGROVE INVESTMENT MANAGEMENT LTD removed 231,852 shares (-9.2%) from their portfolio in Q3 2025, for an estimated $27,548,654
ARTEMIS INVESTMENT MANAGEMENT LLP added 214,168 shares (+119.3%) to their portfolio in Q3 2025, for an estimated $25,447,441
FOURTH SAIL CAPITAL LP removed 184,966 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $21,977,660

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CPA Analyst Ratings

Wall Street analysts have issued reports on $CPA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Evercore ISI Group issued a "Outperform" rating on 09/29/2025
Citigroup issued a "Buy" rating on 08/22/2025
Raymond James issued a "Strong Buy" rating on 08/08/2025

To track analyst ratings and price targets for $CPA, check out Quiver Quantitative's $CPA forecast page.

$CPA Price Targets

Multiple analysts have issued price targets for $CPA recently. We have seen 5 analysts offer price targets for $CPA in the last 6 months, with a median target of $150.0.

Here are some recent targets:

Fernando Abdalla from JP Morgan set a target price of $170.0 on 12/08/2025
Duane Pfennigwerth from Evercore ISI Group set a target price of $160.0 on 09/29/2025
Filipe Nielsen from Citigroup set a target price of $150.0 on 08/22/2025
An analyst from Morgan Stanley set a target price of $145.0 on 08/11/2025
Savanthi Syth from Raymond James set a target price of $150.0 on 08/08/2025

Full Release

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 2025		November 2024		% Change
ASM (mm) ⁽¹⁾	2,777.6		2,524.1		10.0	%
RPM (mm) ⁽²⁾	2,394.7		2,173.5		10.2	%
Load Factor ⁽³⁾	86.2	%	86.1	%	0.1	p.p.

_{Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.}
_{Revenue passenger miles - represents the number of miles flown by revenue passengers}
_{Load factor - represents the percentage of aircraft seating capacity that is utilized}

For November 2025, Copa Holdings' capacity (ASMs) increased by 10.0%, while system-wide passenger traffic (RPMs) increased by 10.2% compared to 2024. As a result, the system load factor for the month was 86.2%, 0.1 percentage points higher than in November 2024.

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit ir.copaair.com .

CPA-G

Investor Relations
[email protected]