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Copa Holdings (CPA) Reports Increase in February Traffic

March 6, 2009 9:24 AM EST
CPA Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +9.7%
Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero Republica operating subsidiaries, today released preliminary passenger traffic statistics for February 2009:

For the month of February 2009, Copa Holdings' system-wide passenger traffic (RPM) increased 9.5%, while capacity (ASM) increased 14.8%. System load factor for February 2009 was 74.5%, a 3.6 percentage point decrease when compared to February 2008.

Copa Airlines passenger traffic (RPM) for February 2009 increased 9.9%, while capacity (ASM) increased 15.7%. This resulted in a load factor of 77.4%, a 4.1 percentage point decrease when compared to February 2008.

Aero Republica passenger traffic (RPM) for February 2009 increased 7.3, while capacity (ASM) increased 10.2%. Load factor for the month was 59.3%, a 1.6 percentage point decrease when compared to February 2008.

Copa Holdings, S.A. (Copa Holdings) is a provider of international airline passenger and cargo services.[SM]

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