Copa S A : Holdings Announces Monthly Traffic Statistics For January 2017
February 15, 2017 at 07:11 am EST
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PANAMA CITY, Feb. 15, 2017 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for January 2017:
Operating Data
Jan
Jan
% Change
2017
2016
(YOY)
Copa Holdings (Consolidated)
ASM (mm)
2,059.2
1,948.9
5.7%
RPM (mm)
1,723.0
1,556.4
10.7%
Load Factor
83.7%
79.9%
3.8p.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 January 2017, Copa Holdings' system-wide passenger traffic (RPMs) increased 10.7% year over year, while capacity (ASMs) increased 5.7%. As a result, system load factor for January 2017 was 83.7%, a 3.8 percentage point increase when compared to January 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 100 aircraft: 79 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 15 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 February 2017 12:10:18 UTC.
Original documenthttp://investor.shareholder.com/copa/releasedetail.cfm?ReleaseID=1011929
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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. 
