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PR Newswire
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Copa Holdings Announces 14.7% Traffic Growth for July 2006


PANAMA CITY, Aug. 10 /PRNewswire-FirstCall/ -- Copa Holdings, S.A. and its Copa Airlines and AeroRepublica operating subsidiaries today released preliminary passenger traffic statistics for July 2006:

July July Change Copa Holdings (Consolidated) 2006 2005 (%) ASM (mm) (1) 599.2 520.0 15.2% RPM (mm) (2) 468.6 408.4 14.7% Load Factor (3) 78.2% 78.5% -0.3p.p. Copa Airlines ASM (mm) (1) 449.3 400.8 12.1% RPM (mm) (2) 372.9 326.7 14.2% Load Factor (3) 83.0% 81.5% 1.5p.p. AeroRepublica ASM (mm) (1) 149.9 119.3 25.7% RPM (mm) (2) 95.7 81.7 17.1% Load Factor (3) 63.8% 68.5% -4.7p.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 number of miles flown by revenue passengers (3) Load factor -- represents the percentage of aircraft seating capacity that is actually utilized

For the month of July 2006, Copa Holdings' system-wide passenger traffic (RPM) increased 14.7%, while capacity (ASM) increased 15.2%. System load factor for July 2006 was 78.2%, a decrease of 0.3p.p. when compared to July 2005.

Copa Airlines passenger traffic (RPM) for July 2006 increased by 14.2%, while capacity (ASM) increased 12.1%. This resulted in a load factor of 83.0%, an increase of 1.5 p.p when compared to July 2005.

AeroRepublica passenger traffic (RPM) for July 2006 increased 17.1%, while capacity (ASM) increased 25.7%. AeroRepublica's load factor for the month was 63.8%, a 4.7p.p. decrease when compared to July 2005.

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 110 daily scheduled flights to 34 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.

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© 2006 PR Newswire
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