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DE
Copa Q2 Earnings Call Highlights
['Max Byerly']
Ticker Report
Load factor was 86.7%, compared with 87.3% a year earlier.
June load factor declined 2.3 percentage points year over year, creating modest pressure on unit revenue.
Copa reported a nearly 90% load factor during the month, one of its highest ever, while capacity increased 16% year over year.
Carey said that load factor was achieved in a higher-yield environment.
Management said the change is intended to improve connectivity, increase aircraft utilization and make more efficient use of airport infrastructure.