Copa Holdings Announces Monthly Traffic Statistics for July 2014
PANAMA CITY, Aug. 14, 2014
PANAMA CITY, Aug. 14, 2014 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA),
today released preliminary passenger traffic statistics for July 2014:
Operating Data July July % Change YTD YTD % Change
2014 2013 (YOY) 2014 2013 (YOY)
ASM (mm) ^(1) 1,786.5 1,644.7 8.6% 11,868.2 10,852.4 9.4%
RPM (mm) ^(2) 1,431.1 1,328.3 7.7% 9,264.0 8,333.0 11.2%
Load Factor 80.1% 80.8% -0.7p.p. 78.1% 76.8% 1.3p.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
3. Load factor - represents the percentage of aircraft seating capacity that
is actually utilized
For the month of July 2014, Copa Holdings' system-wide passenger traffic (RPM)
increased 7.7% year over year, while capacity increased 8.6%. As a result,
system load factor for July 2014 was 80.1%, a 0.7 percentage point decrease
when compared to July 2013.
For the month, International capacity represented 99.1% of total capacity.
Given that domestic capacity is now less than 1% of total capacity, we will
only report consolidated operating data going forward.
Copa Holdings is a leading Latin American provider of passenger and cargo
services. The Company, through its operating subsidiaries, provides service
to 67 destinations in 30 countries in North, Central and South America and the
Caribbean with one of the youngest and most modern fleets in the industry,
consisting of 95 aircraft: 69 Boeing 737NG aircraft and 26 EMBRAER-190s. For
more information visit www.copaair.com.
CONTACT:Rafael Arias – Panama
SOURCE Copa Holdings, S.A.
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