Copa S A : Holdings Announces Monthly Traffic Statistics For February 2017
March 13, 2017 at 06:18 pm EDT
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PANAMA CITY, March 13, 2017 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2017:
Operating Data
Feb
Feb
% Change
YTD
YTD
% Change
2017
2016
(YOY)
2017
2016
(YOY)
Copa Holdings (Consolidated)
ASM (mm)
1,814.3
1,792.1
1.2%
3,873.5
3,741.0
3.5%
RPM (mm)
1,469.8
1,375.5
6.9%
3,192.9
2,932.0
8.9%
Load Factor
81.0%
76.8%
4.3p.p.
82.4%
78.4%
4.1p.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 February 2017, Copa Holdings' system-wide passenger traffic (RPMs) increased 6.9% year over year, while capacity (ASMs) increased 1.2%. As a result, system load factor for February 2017 was 81.0%, a 4.3 percentage point increase when compared to February 2016.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 73 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 101 aircraft: 80 Boeing 737NG aircraft and 21 EMBRAER-190s. For more information visitwww.copa.com.
CPA-G
CONTACT:
Raúl Pascual - Panamá
Director - Investor Relations
(507) 304-2774
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SOURCE Copa Holdings, S.A.
COPA Holdings SA published this content on 13 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 March 2017 22:18:05 UTC.
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Copa Holdings, S.A. is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama. Copa Airlines provides international air transportation for passengers, cargo and mail, operating from its Panama City hub in the Republic of Panama. Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. Copa Colombia provides domestic and international air transportation for passengers, cargo and mail with a point-to-point route network. Its subsidiary, Oval Financial Leasing, Ltd., controls the special purpose entities that have a beneficial interest in the majority of its fleet.
COPA HOLDINGS, S.A. 
