Copa Holdings Announces 25.3% Traffic Growth for May 2006
13 June 2006 - 7:29AM
PR Newswire (US)
PANAMA CITY, June 12 /PRNewswire-FirstCall/ -- Copa Holdings, S.A.
(NYSE: CPA), and its Copa Airlines and AeroRepublica operating
subsidiaries, today released preliminary passenger traffic
statistics for May 2006: Copa Holdings (Consolidated) May May
Change 2006 2005 (%) ASM (mm) (1) 548.2 432.9 26.6% RPM (mm) (2)
366.7 292.7 25.3% Load Factor (3) 66.9% 67.6% -0.7 p.p. Copa
Airlines ASM (mm) (1) 418.4 341.2 22.6% RPM (mm) (2) 309.5 235.7
31.3% Load Factor (3) 74.0% 69.1% 4.9 p.p. AeroRepublica ASM (mm)
(1) 129.7 91.8 41.4% RPM (mm) (2) 57.3 57.0 0.5% Load Factor (3)
44.1% 62.1% -18.0 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 May 2006, Copa Holdings'
system-wide passenger traffic (RPM) increased 25.3%, while capacity
(ASM) increased 26.6%. System load factor for May 2006 was 66.9%, a
decrease of 0.7 p.p. when compared to May 2005. Copa Airlines
passenger traffic (RPM), which represented 84% of Copa Holdings'
system-wide passenger traffic for May 2006, increased by 31.3%,
while capacity (ASM) increased 22.6%. This resulted in a load
factor of 74%, an increase of 4.9 p.p when compared to May 2005.
AeroRepublica passenger traffic (RPM) for May 2006 increased 0.5%,
while capacity (ASM) increased 41.4%. AeroRepublica's load factor
for the month was 44.1%. Copa Holdings, through its Copa Airlines
and AeroRepublica operating subsidiaries, is a leading Latin
American provider of passenger and cargo service. Copa Airlines
currently offers approximately 92 daily scheduled flights to 30
destinations in 20 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 codeshare agreements with Continental Airlines
and other airlines. AeroRepublica, the second largest domestic
carrier in Colombia, provides service to 12 cities in Colombia, as
well as international connectivity with Copa Airlines' Hub of the
Americas through daily flights from Medellin and Cartagena. CPA-G
DATASOURCE: Copa Holdings, S.A. CONTACT: In Panama, Joseph
Putaturo, Director, Investor Relations, Copa Holdings,
+011-507-303-3348 Web site: http://www.copaair.com/
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