Copa Holdings, S.A.(CPA) reported traffic numbers for March 2025 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) improved on a year-over-year basis in March.To match the demand swell, CPA is increasing its capacity. In March, available seat miles (a measure of capacity) increased 5.5% year over year. Revenue passenger miles increased 5.2% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacit ...