Copa Holdings Announces Monthly Traffic Statistics for December 2014


News from Panama / Tuesday, January 20th, 2015

copa lands in david

DAVID – THE EAGLE HAS LANDED!!!!!!

Copa’s first flights from Tocumen to David arrived last  week and one of my clients made the flight from Florida connecting in Tocumen.  He said that the flight to David was full.  This last week I received a lot of comments that it was a long time coming and many praised Copa.  I heard from Air Panama stating that the fare they have had was equal to most fares with Central America for the distance and the same as a flight from Miami to Orlando.  Copa still has bugs to work out as the arrival still requires immigration and disembarkation at Tocumen but that will be resolved soon.  I heard that Copa reps at Tocumen yelled out with each arrival by a person connecting “David- David!!”

PRNewswire/ — Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for December 2014:

Operating Data

December

December

% Change

YTD

YTD

% Change

2014

2013

(YOY)

2014

2013

(YOY)

Copa Holdings  (Consolidated)

  ASM (mm) (1)

1,879.7

1,703.7

10.3%

20,757.1

18,949.7

9.5%

  RPM (mm) (2)

1,428.8

1,324.6

7.9%

15,913.1

14,532.8

9.5%

  Load Factor (3)

76.0%

77.7%

-1.7p.p.

76.7%

76.7%

0.0p.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 December 2014, Copa Holdings’ system-wide passenger traffic (RPM) increased 7.9% year over year, while capacity increased 10.3%.  As a result, system load factor for December 2014 was 76.0%, a 1.7 percentage point decrease when compared to December 2013.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 70 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 98 aircraft: 72 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copa.com.

CPA-G

 

SOURCE Copa Holdings, S.A.