SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
Report
on Form 6-K dated for
the month of March,
2008
Copa
Holdings, S.A.
(Translation
of Registrant's Name Into English)
Boulevard
Costa del Este, Avenida Principal y Avenida de la Rotonda
Urbanización
Costa del Este
Parque
Lefevre
Panama
City, Panama
(Address
of principal executive offices)
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
Form
20-F x Form
40-F o
(Indicate
by check whether the registrant by furnishing the information contained in
this
Form is also thereby furnishing the information to the Commission pursuant
to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o No x
(If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b);82- )
 |
 |
|
PRESS
RELEASE
|
CONTACT:
|
Joseph
Putaturo - Panamá
|
|
|
Director-Investor
Relations
|
|
|
|
(507)
304-2677
|
COPA
HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR FEBRUARY
2008
|
PANAMA
CITY, March 7, 2008 -
Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero
Republica
operating subsidiaries, today released preliminary passenger
traffic
statistics for February 2008:
|
||||||||||
|
Copa
Holdings (Consolidated)
|
February
2008
|
February
2007
|
Change
(%)
|
|||||||
|
ASM
(mm) (1)
|
649.6
|
579.0
|
12.2
|
%
|
||||||
|
RPM
(mm) (2)
|
507.5
|
441.2
|
15.0
|
%
|
||||||
|
Load
Factor (3)
|
78.1
|
%
|
76.2
|
%
|
1.9
p.p.
|
|||||
|
Copa
Airlines
|
||||||||||
|
ASM
(mm) (1)
|
541.9
|
459.8
|
17.8
|
%
|
||||||
|
RPM
(mm) (2)
|
442.0
|
380.8
|
16.1
|
%
|
||||||
|
Load
Factor (3)
|
81.6
|
%
|
82.8
|
%
|
-1.2
p.p.
|
|||||
|
Aero
Republica
|
||||||||||
|
ASM
(mm) (1)
|
107.7
|
119.1
|
-9.6
|
%
|
||||||
|
RPM
(mm) (2)
|
65.5
|
60.5
|
8.4
|
%
|
||||||
|
Load
Factor (3)
|
60.8
|
%
|
50.8
|
%
|
10.1
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 February 2008, Copa Holdings' system-wide passenger
traffic
(RPM) increased 15.0%, while capacity (ASM) increased 12.2%.
System load
factor for February 2008 was 78.1%, a 1.9 percentage point
increase when
compared to February 2007. Copa Airlines passenger traffic
(RPM) for
February 2008 increased 16.1%, while capacity (ASM) increased
17.8%. This
resulted in a load factor of 81.6%, a 1.2 percentage point
decrease when
compared to February 2007.
|
|
|
|
Aero
Republica passenger traffic (RPM) for February 2008 increased
8.4%, while
capacity (ASM) decreased 9.6%. Aero Republica's load factor for
the month
was 60.8%, a 10.1 percentage point increase when compared to
February
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 40 destinations in 21 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.
|
|
CPA-G
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
| Copa Holdings, S.A. | ||
| (Registrant) | ||
| |
|
|
| Date: 03/07/2008 | By: | /s/ Victor Vial |
| Name: |
Victor Vial |
|
| Title: | CFO | |
|
|
||