Copa Holdings (CPA) Reports June Traffic Stats
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Price: $146.06 +3.43%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
EPS Growth %: -48.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
EPS Growth %: -48.2%
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Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero Republica operating subsidiaries, today released preliminary passenger traffic statistics for June 2008:
For the month of June 2008, Copa Holdings' system-wide passenger traffic (RPM) increased 20.8%, while capacity (ASM) increased 15.0%. System load factor for June 2008 was 76.5%, a 3.7 percentage point increase when compared to June 2007.
Copa Airlines passenger traffic (RPM) for June 2008 increased 24.8%, while capacity (ASM) increased 21.0%. This resulted in a load factor of 80.4%, a 2.5 percentage point increase when compared to June 2007.
Aero Republica passenger traffic (RPM) for June 2008 increased 1.0%, while capacity (ASM) decreased 6.1%. Load factor for the month was 59.2%, a 4.2 percentage point increase when compared to June 2007. Capacity reduction came as a result of Aero Republica's ongoing transition to smaller gauge EMBRAER-190 aircraft.
Copa Holdings, S.A. (Copa Holdings) is a provider of international airline passenger and cargo services.[SM]
For the month of June 2008, Copa Holdings' system-wide passenger traffic (RPM) increased 20.8%, while capacity (ASM) increased 15.0%. System load factor for June 2008 was 76.5%, a 3.7 percentage point increase when compared to June 2007.
Copa Airlines passenger traffic (RPM) for June 2008 increased 24.8%, while capacity (ASM) increased 21.0%. This resulted in a load factor of 80.4%, a 2.5 percentage point increase when compared to June 2007.
Aero Republica passenger traffic (RPM) for June 2008 increased 1.0%, while capacity (ASM) decreased 6.1%. Load factor for the month was 59.2%, a 4.2 percentage point increase when compared to June 2007. Capacity reduction came as a result of Aero Republica's ongoing transition to smaller gauge EMBRAER-190 aircraft.
Copa Holdings, S.A. (Copa Holdings) is a provider of international airline passenger and cargo services.[SM]
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