PANAMA CITY, April 14, 2014 /PRNewswire/ --Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for March 2014:
Operating Data | March | March | % | YTD | YTD | % Change |
2014 | 2013 | (YOY) | 2014 | 2013 | (YOY) | |
Copa Holdings (Consolidated) | ||||||
ASM (mm) (1) | 1,709.0 | 1,576.2 | 8.4% | 5,014.8 | 4,590.0 | 9.3% |
RPM (mm) (2) | 1,292.4 | 1,177.8 | 9.7% | 3,916.8 | 3,529.2 | 11.0% |
Load Factor (3) | 75.6% | 74.7% | 0.9p.p. | 78.1% | 76.9% | 1.2p.p. |
International Service | ||||||
ASM (mm) (1) | 1,666.8 | 1,518.0 | 9.8% | 4,875.9 | 4,422.0 | 10.3% |
RPM (mm) (2) | 1,261.2 | 1,135.8 | 11.0% | 3,807.3 | 3,399.3 | 12.0% |
Load Factor (3) | 75.7% | 74.8% | 0.8p.p. | 78.1% | 76.9% | 1.2p.p. |
Domestic Service | ||||||
ASM (mm) (1) | 42.3 | 58.2 | -27.4% | 139.0 | 168.0 | -17.3% |
RPM (mm) (2) | 31.2 | 42.0 | -25.7% | 109.4 | 129.8 | -15.7% |
Load Factor (3) | 73.9% | 72.1% | 1.7p.p. | 78.8% | 77.3% | 1.4p.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 March 2014, Copa Holdings' system-wide passenger traffic (RPM) increased 9.7% year over year, while capacity increased 8.4%. As a result, system load factor for March 2014 was 75.6%, a 0.9 percentage point increase when compared to March 2013.
International passenger traffic grew 11.0%, while capacity increased 9.8%. This resulted in a load factor of 75.7%, a 0.8 percentage point increase when compared to March 2013. For the month, International capacity represented 97.5% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 25.7%, while capacity decreased 27.4%. As a result, domestic load factor for the month increased 1.7 percentage points to 73.9%. For the month, domestic capacity represented 2.5% 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 92 aircraft: 66 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.
CPA-G
CONTACT:
Rafael Arias - Panama
Director-Investor Relations
+011 (507) 304-2431
SOURCE Copa Holdings, S.A.
