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Copa Holdings Sees Strong Traffic Growth in June 2024

Copa Holdings (CPA) has released an update.

Copa Holdings has reported a surge in passenger traffic for June 2024, with a 12.3% increase in capacity and a 12.1% increase in traffic, compared to the previous year. Despite this growth, the load factor—a measure of how full flights are—slightly dipped by 0.2 percentage points to 86.6%. This reflects the company’s expanding operations in the competitive Latin American air travel market.

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

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