Copa Holdings Announces 17.7% Traffic Growth for October 2009
November 09 2009 - 9:00AM
PR Newswire (US)
PANAMA CITY, Nov. 9 /PRNewswire-FirstCall/ -- Copa Holdings, S.A.
(NYSE: CPA), and its Copa Airlines and Aero Republica operating
subsidiaries, today released preliminary passenger traffic
statistics for October 2009: October October Change Copa Holdings
(Consolidated) 2009 2008 (%) ASM (mm) (1) 827.0 775.9 6.6% RPM (mm)
(2) 668.4 567.9 17.7% Load Factor (3) 80.8% 73.2% 7.6 p.p. Copa
Airlines Segment ASM (mm) (1) 696.3 648.7 7.3% RPM (mm) (2) 570.2
489.1 16.6% Load Factor (3) 81.9% 75.4% 6.5 p.p. Aero Republica
Segment ASM (mm) (1) 130.7 127.1 2.8% RPM (mm) (2) 98.3 78.8 24.7%
Load Factor (3) 75.2% 62.0% 13.2 p.p. 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 October 2009, Copa
Holdings' system-wide passenger traffic (RPM) increased 17.7% while
capacity (ASM) increased 6.6%. System load factor for October 2009
was 80.8%, a 7.6 percentage point increase when compared to October
2008. Copa Airlines passenger traffic (RPM) for October 2009
increased 16.6%, while capacity (ASM) increased 7.3%. This resulted
in a load factor of 81.9%, a 6.5 percentage point increase when
compared to October 2008. Aero Republica passenger traffic (RPM)
for October 2009 increased 24.7%, while capacity (ASM) increased
2.8%. Load factor for the month was 75.2%, a 13.2 percentage point
increase when compared to October 2008. Copa Holdings, through its
Copa Airlines and Aero Republica operating subsidiaries, is a
leading Latin American provider of passenger and cargo service.
Copa Airlines currently offers approximately 144 daily scheduled
flights to 45 destinations in 24 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 Barranquilla,
Bogota, Bucaramanga, Cali, Cartagena, Medellin and Pereira.
Additionally, Aero Republica has direct flights to Caracas,
Venezuela from Cartagena and Medellin, Colombia. CPA-G DATASOURCE:
Copa Holdings, S.A. CONTACT: Joseph Putaturo, Panama,
Director-Investor Relations of Copa Holdings, S.A., +1-507-304-2677
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