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Copa Holdings Sees Mixed Traffic Results in August 2024

Copa Holdings (CPA) has released an update.

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Copa Holdings reported an increase in August 2024’s air travel capacity by 8.2% and passenger traffic by 5.8% compared to the previous year. Despite this growth, the airline’s load factor, which measures how efficiently it fills seats, dropped by 1.9 percentage points to 85.1%. The company remains a prominent player in the Latin American air travel market, offering both passenger and cargo services across the Americas and the Caribbean.

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

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