SYS-CON MEDIA Authors: Jason Bloomberg, Kevin Benedict, David H Deans, RealWire News Distribution, Gilad Parann-Nissany

News Feed Item

Copa Holdings Announces Monthly Traffic Statistics For February 2014

PANAMA CITY, March 13, 2014 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2014:

Operating Data

February

February

% Change

YTD

YTD

% Change



2014

2013

(YOY)

2014

2013

(YOY)



Copa Holdings  (Consolidated)









  ASM (mm) (1)

1,562.5

1,423.8

9.7%

3,305.8

3,013.8

9.7%



  RPM (mm) (2)

1,226.3

1,086.2

12.9%

2,624.3

2,351.4

11.6%



  Load Factor (3)

78.5%

76.3%

2.2p.p.

79.4%

78.0%

1.4p.p.



International Service  









  ASM (mm) (1)

1,517.6

1,376.6

10.2%

3,209.1

2,904.1

10.5%



  RPM (mm) (2)

1,190.6

1,049.6

13.4%

2,546.1

2,263.6

12.5%



  Load Factor (3)

78.5%

76.2%

2.2p.p.

79.3%

77.9%

1.4p.p.



Domestic Service 









  ASM (mm) (1)

45.0

47.2

-4.7%

96.7

109.7

-11.9%



  RPM (mm) (2)

35.7

36.6

-2.4%

78.2

87.8

-10.9%



  Load Factor (3)

79.4%

77.6%

1.8p.p.

80.9%

80.0%

0.8p.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 February 2014, Copa Holdings' system-wide passenger traffic (RPM) increased 12.9% year over year, while capacity increased 9.7%.  As a result, system load factor for February 2014 was 78.5%, a 2.2 percentage point increase when compared to February 2013.

International passenger traffic grew 13.4%, while capacity increased 10.2%.  This resulted in a load factor of 78.5%, a 2.2 percentage point increase when compared to February 2013.  For the month, International capacity represented 97.1% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 2.4%, while capacity decreased 4.7%.  As a result, domestic load factor for the month increased 1.8 percentage points to 79.4%.  For the month, domestic capacity represented 2.9% of total capacity.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 66 destinations in 29 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 90 aircraft: 64 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G

SOURCE Copa Holdings, S.A.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.