PANAMA CITY, March 13, 2014 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2014:
Operating Data
February
February
% Change
YTD
YTD
% Change
2014
2013
(YOY)
2014
2013
(YOY)
Copa Holdings (Consolidated)
ASM (mm) (1)
1,562.5
1,423.8
9.7%
3,305.8
3,013.8
9.7%
RPM (mm) (2)
1,226.3
1,086.2
12.9%
2,624.3
2,351.4
11.6%
Load Factor (3)
78.5%
76.3%
2.2p.p.
79.4%
78.0%
1.4p.p.
International Service
ASM (mm) (1)
1,517.6
1,376.6
10.2%
3,209.1
2,904.1
10.5%
RPM (mm) (2)
1,190.6
1,049.6
13.4%
2,546.1
2,263.6
12.5%
Load Factor (3)
78.5%
76.2%
2.2p.p.
79.3%
77.9%
1.4p.p.
Domestic Service
ASM (mm) (1)
45.0
47.2
-4.7%
96.7
109.7
-11.9%
RPM (mm) (2)
35.7
36.6
-2.4%
78.2
87.8
-10.9%
Load Factor (3)
79.4%
77.6%
1.8p.p.
80.9%
80.0%
0.8p.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 February 2014, Copa Holdings' system-wide passenger traffic (RPM) increased 12.9% year over year, while capacity increased 9.7%. As a result, system load factor for February 2014 was 78.5%, a 2.2 percentage point increase when compared to February 2013.
International passenger traffic grew 13.4%, while capacity increased 10.2%. This resulted in a load factor of 78.5%, a 2.2 percentage point increase when compared to February 2013. For the month, International capacity represented 97.1% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 2.4%, while capacity decreased 4.7%. As a result, domestic load factor for the month increased 1.8 percentage points to 79.4%. For the month, domestic capacity represented 2.9% of total capacity.
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 66 destinations in 29 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 90 aircraft: 64 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.
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. 
