Copa Holdings Announces 9.4% Traffic Growth for December 2007
January 10 2008 - 6:31PM
PR Newswire (US)
PANAMA CITY, Jan. 10 /PRNewswire-FirstCall/ -- Copa Holdings, S.A.
(NYSE: CPA), and its Copa Airlines and Aero Republica operating
subsidiaries, today released preliminary passenger traffic
statistics for December 2007: December December Change Copa
Holdings (Consolidated) 2007 2006 (%) ASM (mm) (1) 706.9 654.4 8.0%
RPM (mm) (2) 540.3 493.8 9.4% Load Factor (3) 76.4% 75.5% 1.0 pp
Copa Airlines ASM (mm) (1) 577.9 502.1 15.1% RPM (mm) (2) 450.5
398.5 13.1% Load Factor (3) 78.0% 79.4% -1.4 pp Aero Republica ASM
(mm) (1) 129.0 152.3 -15.3% RPM (mm) (2) 89.8 95.3 -5.8% Load
Factor (3) 69.6% 62.6% 7.0 pp 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
numbers of miles flown by revenue passengers 3. Load factor --
represents the percentage of aircraft seating capacity that is
actually utilized For the month of December 2007, Copa Holdings'
system-wide passenger traffic (RPM) increased 9.4%, while capacity
(ASM) increased 8.0%. System load factor for December 2007 was
76.4%, a 1.0 percentage point increase when compared to December
2006. Copa Airlines passenger traffic (RPM) for December 2007
increased 13.1% while capacity (ASM) increased 15.1%. This resulted
in a load factor of 78.0%, a 1.4 percentage point decrease when
compared to December 2006. Aero Republica passenger traffic (RPM)
for December 2007 decreased 5.8%, while capacity (ASM) decreased
15.3%. Aero Republica's load factor for the month was 69.6%, a 7.0
percentage point increase when compared to December 2006. Copa
Holdings, through its Copa Airlines and Aero Republica operating
subsidiaries, is a leading Latin American provider of passenger and
cargo services. Copa Airlines currently offers approximately 126
daily scheduled flights to 40 destinations in 21 countries in
North, Central and South America and the Caribbean. In addition,
Copa Airlines provides passengers with access to flights to more
than 120 other international destinations through code share
agreements with Continental Airlines and other airlines. Aero
Republica, the second-largest domestic carrier in Colombia,
provides service to 12 cities in Colombia as well as international
connectivity with Copa Airlines' Hub of the Americas through
flights from Bogota, Bucaramanga, Cali, Cartagena and Medellin.
CPA-G DATASOURCE: Copa Holdings, S.A. CONTACT: Joseph Putaturo -
Panama, Director-Investor Relations, Copa Holdings,
+011-507-304-2677 Web site: http://www.copaair.com/
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