15 April 2014
Copa Holdings, S.A. (NYSE: CPA) said it has released preliminary passenger traffic statistics for March 2014.
For the month of March 2014, Copa Holdings´ system-wide passenger traffic increased 9.7 percent year over year, while capacity increased 8.4 percent. As a result, system load factor for March 2014 was 75.6 percent, a 0.9 percentage point increase when compared to March 2013.
International passenger traffic grew 11.0 percent, while capacity increased 9.8 percent. This resulted in a load factor of 75.7 percent, a 0.8 percentage point increase when compared to March 2013. For the month, International capacity represented 97.5 percent of total capacity.
Domestic traffic, represented wholly by Colombian domestic service, decreased 25.7 percent, while capacity decreased 27.4 percent. As a result, domestic load factor for the month increased 1.7 percentage points to 73.9 percent. For the month, domestic capacity represented 2.5 percent 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 66 destinations in 29 countries in North, Central and South America and the Caribbean. For more information visit www.copaair.com.
Copa Holdings March traffic up 9.7%
15 April 2014