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Copa Holdings Announces Monthly Traffic Statistics for June 2008

Written by thomas · Filed Under Commercial 

July 10, 2008

thomas

PANAMA CITY, July 10 /PRNewswire-FirstCall/ — Copa Holdings, S.A.
(NYSE: CPA), and its Copa Airlines and Aero Republica operating
subsidiaries, today released preliminary passenger traffic statistics for
June 2008:

June June Change
Copa Holdings (Consolidated) 2008 2007 (%)
ASM (mm)(1) 730.0 634.8 15.0%
RPM (mm)(2) 558.8 462.4 20.8%
Load Factor(3) 76.5% 72.8% 3.7 p.p.

Copa Airlines
ASM (mm)(1) 598.6 494.9 21.0%
RPM (mm)(2) 481.1 385.4 24.8%
Load Factor(3) 80.4% 77.9% 2.5 p.p.

Aero Republica
ASM (mm)(1) 131.4 139.9 -6.1%
RPM (mm)(2) 77.7 76.9 1.0%
Load Factor(3) 59.2% 55.0% 4.2 p.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 numbers of miles flown
by revenue passengers
(3). Load factor — represents the percentage of aircraft seating
capacity that is actually utilized
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, through its Copa Airlines and Aero Republica operating
subsidiaries, is a leading Latin American provider of passenger and cargo
services. Copa Airlines currently offers approximately 126 daily scheduled
flights to 41 destinations in 22 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 code share agreements with Continental Airlines and other airlines.
Aero Republica, 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 flights from Bogota,
Bucaramanga, Cali, Cartagena and Medellin. Additionally, in May 2008, Aero
Republica increased international service by launching direct daily flights
to Caracas, Venezuela from the cities of Bogota and Medellin.

CPA-G

SOURCE Copa Holdings, S.A.

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