6-K
Copa Holdings, S.A. (CPA)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
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Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
Report on Form 6-K dated for the month of December 2025
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Copa Holdings, S.A.
(Translation of Registrant’s Name Into English)
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Boulevard Costa del Este, Avenida Principal y Avenida de la Rotonda
Urbanización Costa del Este
Complejo Business Park, Torre Norte
ParqueLefevre
Panama City, Panama
(Address of principal executive offices)
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(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
| Form 20-F | x | Form 40-F | o |
|---|
(Indicate by check whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
| Yes | o | No | x |
|---|
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b);82- )
Enclosure: Press Release - Copa Holdings Announces Monthly Traffic Statistics for November 2025
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Copa Holdings, S.A. <br>(Registrant) | ||
|---|---|---|
| Date: 12/16/25 | ||
| By: | /s/ Peter Donkersloot | |
| Name: Peter Donkersloot<br>Title: CFO |
Document
Exhibit 99.1
Copa Holdings Announces Monthly Traffic Statistics for November 2025
PANAMA CITY, December 16, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2025:
| Copa Holdings (Consolidated) | November <br>2025 | November <br>2024 | % Change | |||
|---|---|---|---|---|---|---|
| ASM (mm) (1) | 2,777.6 | 2,524.1 | 10.0 | % | ||
| RPM (mm) (2) | 2,394.7 | 2,173.5 | 10.2 | % | ||
| Load Factor (3) | 86.2 | % | 86.1 | % | 0.1 | p.p. |
1.Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
2.Revenue passenger miles - represents the number of miles flown by revenue passengers
3.Load factor - represents the percentage of aircraft seating capacity that is utilized
For November 2025, Copa Holdings' capacity (ASMs) increased by 10.0%, while system-wide passenger traffic (RPMs) increased by 10.2% compared to 2024. As a result, the system load factor for the month was 86.2%, 0.1 percentage points higher than in November 2024.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit ir.copaair.com.
CPA-G
Investor Relations
investor.relations@copaair.com