Copa Holdings SA Reports Consolidated Traffic Results for the Month and Year to Date Ended December 2012
January 09, 2013 at 07:37 pm IST
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Copa Holdings SA reported consolidated traffic results for the month and year to date ended December 2012. For the month, the company reported available seat miles (ASM) of 1,550.7 mm compared to available seat miles of 1,286.7 mm for the same period a year ago. System-wide passenger traffic (RPM) was 1,181.8 mm compared to 975.3 mm last year. Load factor was 76.2% against 75.8% last year.
For the year to date, the company reported available seat miles (ASM) of 16,566.6 mm compared to available seat miles of 13,352.3 mm for the same period a year ago. System-wide passenger traffic (RPM) was 12,499.4 mm compared to 10,196.5 mm last year. Load factor was 75.4% against 76.4% last year.
Copa Holdings, S.A. is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama. Copa Airlines provides international air transportation for passengers, cargo and mail, operating from its Panama City hub in the Republic of Panama. Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. Copa Colombia provides domestic and international air transportation for passengers, cargo and mail with a point-to-point route network. Its subsidiary, Oval Financial Leasing, Ltd., controls the special purpose entities that have a beneficial interest in the majority of its fleet.