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 September,
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 ¨
(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
¨ No
x
(If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b);82- )
Enclosure:
COPA
HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR THE MONTH OF AUGUST
2008
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.
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Copa
Holdings, S.A.
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(Registrant)
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Date:
09/10/2008
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By:
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/s/
Victor Vial
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Name:
Victor Vial
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Title:
CFO
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PRESS
RELEASE
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CONTACT:
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Joseph Putaturo – Panamá
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Director-Investor
Relations
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(507)
304-2677
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COPA
HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR AUGUST
2008
PANAMA,
September 10, 2008 –
Copa
Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero Republica operating
subsidiaries, today released preliminary passenger traffic statistics for August
2008:
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August
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August
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Change
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Copa
Holdings (Consolidated)
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2008
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2007
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(%)
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ASM
(mm) (1)
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790.6
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715.1
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10.6
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%
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RPM
(mm) (2)
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618.8
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529.6
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16.8
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%
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Load
Factor (3)
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78.3
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%
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74.1
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%
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4.2
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p.p. | ||||
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Copa
Airlines
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ASM
(mm) (1)
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657.1
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565.6
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16.2
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%
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RPM
(mm) (2)
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528.7
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441.2
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19.8
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%
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Load
Factor (3)
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80.5
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%
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78.0
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%
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2.4
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p.p. | ||||
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Aero
Republica
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ASM
(mm) (1)
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133.5
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149.5
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-10.7
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%
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RPM
(mm) (2)
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90.1
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88.4
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1.9
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%
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Load
Factor (3)
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67.5
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%
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59.2
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%
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8.4
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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 August 2008, Copa Holdings’ system-wide passenger traffic (RPM)
increased 16.8%, while capacity (ASM) increased 10.6%. System load factor for
August 2008 was 78.3%, a 4.2 percentage point increase when compared to August
2007.
Copa
Airlines passenger traffic (RPM) for August 2008 increased 19.8%, while capacity
(ASM) increased 16.2%. This resulted in a load factor of 80.5%, a 2.4 percentage
point increase when compared to August 2007.
Aero
Republica passenger traffic (RPM) for August 2008 increased 1.9%, while capacity
(ASM) decreased 10.7%. Load factor for the month was 67.5%, an 8.4 percentage
point increase when compared to August 2007. Capacity reduction came as a result
of Aero Republica’s ongoing transition to smaller gauge EMBRAER-190
aircraft.
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Copa
Holdings, through its Copa Airlines and Aero Republica operating subsidiaries,
is a leading Latin American provider of passenger and cargo service. Copa
Airlines currently offers approximately 126 daily scheduled flights to 42
destinations in 22 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.
Additionally, in May 2008, Aero Republica increased international service by
launching direct daily flights to Caracas, Venezuela from the cities of Bogota
and Medellin.
CPA-G
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