PR Newswire | Mar 10, 2021 05:01PM EST

03/10 16:00 CST

Copa Holdings Announces Monthly Traffic Statistics for February 2021 PANAMA CITY, Panama, March 10, 2021

PANAMA CITY, Panama, March 10, 2021 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2021:

February FebruaryOperating Data % Change 2021 2020

Copa Holdings (Consolidated)

ASM (mm) ^(1) 728.1 1,955.5 -62.8%

RPM (mm) ^(2) 506.8 1,642.7 -69.1%

Load Factor ^(3) 69.6% 84.0% -14.4p.p.

1. Available seat miles - represents the aircraft seating capacity multipliedby the number of miles the seats are flown.

2. Revenue passenger miles - represents the numbers of miles flown by revenuepassengers

3. Load factor - represents the percentage of aircraft seating capacity thatis actually utilized

Consolidated capacity (ASMs) came in 62.8% lower than February 2020, while passenger traffic (RPMs) decreased 69.1%, which resulted in a 69.6% load factor, 14.4 percentage points lower year over year.

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 80 destinations in 33 countries in North, Central and South America and the Caribbean. For more information visitwww.copa.com.

CONTACT:Ral Pascual - PanamDirector - Investor Relations 011 (507) 304-2774

CPA-G

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SOURCE Copa Holdings, S.A.