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Traffic up in July for Copa Holdings

Latin American airline operator Copa Holdings SA (NYSE: CPA) said that for the month of July 2013 the firm´s system-wide passenger traffic increased 14.4% year over year, while capacity increased 11.3%.

As a result, system load factor for July 2013 was 80.8% a 2.2 percentage point increase when compared to July 2012.

Copa said that its international passenger traffic grew 16.2%, while capacity increased 12.8%. This resulted in a load factor of 80.7%, a 2.3 percentage point increase when compared to July 2012. For the month, International capacity represented 96.8% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 20.8%, while capacity decreased 20.9%. As a result, domestic load factor for the month remained at 83.0%.

For the month, domestic capacity represented 3.2% of total capacity.

Copa Holdings is a Latin American provider of passenger and cargo services. The company, through its operating subsidiaries, provides service to 65 destinations in 29 countries in North, Central and South America and the Caribbean with a fleet consisting of 87 aircraft: 61 Boeing (NYSE: BA) 737NG aircraft and 26 Embraer (NYSE: ERJ)-190s.

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