Reports Q3 revenue $913.15M, consensus $916.84M. Load factor increased 1.8 percentage points to 88% and capacity, measured in available-seat-miles, increased 5.8%. Revenue per available seat mile of 11.1c, up 1%. Operating cost per available seat mile decreased 2.7% to 8.5c, while CASM excluding fuel decreased 0.8% to 5.6c. The company said, “Copa Airlines achieved an on-time performance of 89.7% and a flight completion factor of 99.8%, maintaining its position among the best in the industry.”
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