Copa Holdings Announces Monthly Traffic Statistics for October 2011

PANAMA CITY, Nov. 7, 2011 /PRNewswire/ — Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for October 2011.

For the month of October 2011, Copa Holdings’ system-wide passenger traffic (RPM) increased 14.7%, while capacity increased 20.8%. System load factor for October 2011 was 74.0%, a 3.9 percentage point decline when compared to October 2010.

International passenger traffic grew 21.4%, while capacity increased 27.3%. This resulted in a load factor of 73.9%, a 3.6 percentage point decrease when compared to October 2010. For the month, International capacity represented 94.2% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 38.8%, while capacity decreased 34.5%. As a result, domestic load factor for the month decreased 5.4 percentage points to 75.9%. For the month, domestic capacity represented 5.8% of total capacity.