For the month of July 2012, Copa Holdings' system-wide passenger traffic (RPM) increased 20.4% year over year, while capacity increased 27.5%. As a result, system load factor for July 2012 was 78.6%, a 4.6 percentage point decrease when compared to July 2011.
Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for July 2012:
For the month of July 2012, Copa Holdings' system-wide passenger traffic (RPM) increased 20.4% year over year, while capacity increased 27.5%. As a result, system load factor for July 2012 was 78.6%, a 4.6 percentage point decrease when compared to July 2011.
International passenger traffic grew 22.4%, while capacity increased 29.8%. This resulted in a load factor of 78.4%, a 4.8 percentage point decrease when compared to July 2011. For the month, International capacity represented 95.5% of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 8.4%, while capacity decreased 7.8%. As a result, domestic load factor for the month decreased 0.6 percentage points to 83.0%. For the month, domestic capacity represented 4.5% 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 64 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 80 aircraft: 54 Boeing 737NG aircraft and 26 EMBRAER-190s.
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