Copa Holdings (CPA) Gains as Traffic Increases

Copa Holdings, S.A. (NYSE: CPA) shares poked ahead 0.4% to $92.95, on announcing system-wide passenger traffic (RPMs) increased 9.0% year over year, while capacity (ASMs) increased 2.2%. As a result, system load factor for December 2016 was 81%, a 5.1-percentage-point increase when compared to December 2015. Share volume totaled 284,000, compared to an all-day average of 423,000