Copa Holdings March System-Wide RPMs up 22.5% YoY
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for March 2012:
For the month of March 2012, Copa Holdings' system-wide passenger traffic (RPM) increased 22.5% year over year, while capacity increased in the same proportion. System load factor for March 2012 was 76.0%, flat when compared to March 2011.
International passenger traffic grew 27.6%, while capacity increased 28.3%. This resulted in a load factor of 76.0%, a 0.4 percentage point decrease when compared to March 2011. For the month, International capacity represented 95.3% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 36.4%, while capacity decreased 32.9%. As a result, domestic load factor for the month increased 3.8 percentage points to 74.2%. For the month, domestic capacity represented 4.7% of total capacity.
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