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Hospitality Industry News |
Friday October 10th, 2008 |
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Copa Holdings Announces Monthly Traffic Statistics for June 2008 |
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Copa Holdings, S.A. (NYSE:CPA) , and its Copa Airlines and Aero Republica operating subsidiaries, today released preliminary passenger traffic statistics for June 2008. |
June June Change
Copa Holdings (Consolidated) 2008 2007 (%)
ASM (mm)(1) 730.0 634.8 15.0%
RPM (mm)(2) 558.8 462.4 20.8%
Load Factor(3) 76.5% 72.8% 3.7 p.p.
Copa Airlines
ASM (mm)(1) 598.6 494.9 21.0%
RPM (mm)(2) 481.1 385.4 24.8%
Load Factor(3) 80.4% 77.9% 2.5 p.p.
Aero Republica
ASM (mm)(1) 131.4 139.9 -6.1%
RPM (mm)(2) 77.7 76.9 1.0%
Load Factor(3) 59.2% 55.0% 4.2 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 June 2008, Copa Holdings' system-wide passenger traffic (RPM) increased 20.8%, while capacity (ASM) increased 15.0%. System load factor for June 2008 was 76.5%, a 3.7 percentage point increase when compared to June 2007.
Copa Airlines passenger traffic (RPM) for June 2008 increased 24.8%, while capacity (ASM) increased 21.0%. This resulted in a load factor of 80.4%, a 2.5 percentage point increase when compared to June 2007.
Aero Republica passenger traffic (RPM) for June 2008 increased 1.0%, while capacity (ASM) decreased 6.1%. Load factor for the month was 59.2%, a 4.2 percentage point increase when compared to June 2007. Capacity reduction came as a result of Aero Republica's ongoing transition to smaller gauge EMBRAER-190 aircraft.
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