EX-99.1 2 v210207_ex99-1.htm

 
 
  
     
PRESS RELEASE
CONTACT:   
Joseph Putaturo – Panamá
   
Director-Investor Relations
   
(507) 304-2677

COPA HOLDINGS CONSOLIDATED TRAFFIC FOR JANUARY GROWS 20.7%
 
Panama, February 7, 2011 - Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Copa Airlines Colombia operating subsidiaries, today released preliminary passenger traffic statistics for January 2011:
 
     
January
    
January
    
Change
  
Copa Holdings  (Consolidated)  
2011
    
2010
    
(%)
  
ASM (mm) (1)
     1096.1       884.1       24.0 %
RPM (mm) (2)
     868.8       720.1       20.7 %
Load Factor (3)
     79.3 %     81.5 %  
-2.2 p.p.
  
Copa Airlines
                        
ASM (mm) (1)
     920.3       734.9       25.2 %
RPM (mm) (2)
     735.7       606.3       21.3 %
Load Factor (3)
     79.9 %     82.5 %  
-2.6 p.p.
  
Copa Airlines Colombia
                        
ASM (mm) (1)
     175.8       149.1       17.9 %
RPM (mm) (2)
     133.2       113.8       17.0 %
Load Factor (3)
     75.8 %     76.3 %  
-0.5 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 January 2011, Copa Holdings’ system-wide passenger traffic (RPM) increased 20.7%, while capacity (ASM) increased 24.0%.  System load factor for January 2010 was 79.3%, a 2.2 percentage point decrease when compared to January 2010.
 
Copa Airlines passenger traffic (RPM) for January 2011 increased 21.3%, while capacity (ASM) increased 25.2%. This resulted in a load factor of 79.9%, a 2.6 percentage point increase when compared to January 2010.
 
Copa Airlines Colombia passenger traffic (RPM) for January 2010 increased 17.0%, while capacity (ASM) increased 17.9%.  Load factor for the month reached 75.8%, a 0.5 percentage point decrease when compared to January 2010.

 
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Copa Holdings, through its Copa Airlines and Copa Airlines Colombia operating subsidiaries, is a leading Latin American provider of passenger and cargo services. Copa Airlines currently offers approximately 152 daily scheduled flights to 46 destinations in 25 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. Copa Airlines 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, Copa Colombia has international flights from Colombia to Caracas, Guayaquil, Quito, Mexico City, Cancun and Havana. For more information, visit www.copaair.com.
 
CPA-G

 
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