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Copa Holdings Reports Growth with Slight Load Factor Dip

Copa Holdings S.A. (CPA) has released an update.

Copa Holdings S.A. has reported a growth in March 2024 with a 12.3% increase in available seat miles and an 11.5% rise in revenue passenger miles compared to the same month last year. Despite the growth in traffic, the load factor, which measures how full flights are, has slightly dipped by 0.7 percentage points to 86.5%. Copa Holdings continues to be a prominent carrier in Latin America, connecting various destinations across the Americas and the Caribbean.

For further insights into CPA stock, check out TipRanks’ Stock Analysis page.

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