Copa Holdings, S.A. (CPA) Reports 6.3% YoY Increase in Traffic for June; Citi and UBS Maintain Bullish Outlook

Trading at a low P/E multiple with potential upside for investors, Copa Holdings, S.A. (NYSE:CPA) is among the 14 Cheap Transportation Stocks to Buy According to Analysts.

For June 2025, Copa Holdings, S.A. reported experiencing strong traffic, driven by continued demand for air travel across its network. The company reported a higher passenger volume with its Revenue Passenger Miles (RPM), a critical measure of airline traffic, increasing by 6.3% on a YoY basis.

Copa Holdings, S.A. expanded its Available Seat Miles (ASM), a measure of the passenger-carrying capacity, by 5.3% from June 2024 to cater to the growing demand. Most importantly, traffic growth surpassed capacity expansion, improving the airline’s load factor – a measure of how full flights are. The load factor increased to 87.5% in June 2025 from 86.6% in the previous year.

This performance of the company boosts investors’ confidence in CPA’s operational strength and continued post-pandemic travel recovery momentum. Analysts are bullish on the stock, with Citi and UBS setting their price targets at $159 and $180, respectively.

Copa Holdings, S.A., a Panama-based airline holding company, owns two airlines: Panama-based Copa Airlines and Colombia-based AeroRepública. It is on the list of cheap transportation stocks.

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