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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 June, 2011
 
 
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
Complejo Business Park, Torre Norte
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:  Press Release: COPA HOLDINGS’ CONSOLIDATED TRAFFIC FOR MAY GROWS 29.2%
 
 
 
 
 
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:  06/08/2011
    
 
By:
/s/ Victor Vial
 
Name:
Victor Vial
 
Title:
CFO
 
 
 
 
 

Copa Holdings' Consolidated Traffic for May Grows 29.2%

PANAMA CITY, June 8, 2011 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for May 2011:


Copa Holdings  (Total System)

May

May

Change

2011

2010

(%)

ASM (mm) (1)

1,060.8

861.9

23.1%

RPM (mm) (2)

809.6

626.7

29.2%

Load Factor (3)

76.3%

72.7%

3.6p.p.

International Service  

ASM (mm) (1)

971.9

761.0

27.7%

RPM (mm) (2)

745.3

558.3

33.5%

Load Factor (3)

76.7%

73.4%

3.3p.p.

Domestic Service

ASM (mm) (1)

88.9

100.9

-11.9%

RPM (mm) (2)

64.3

68.4

-6.1%

Load Factor (3)

72.3%

67.8%

4.5p.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 May 2011, Copa Holdings' system-wide passenger traffic (RPM) increased 29.2%, while capacity (ASM) increased 23.1%. System load factor for May 2011 was 76.3%, a 3.6 percentage point increase when compared to May 2010.

International passenger traffic grew 33.5%, while capacity increased 27.7%. This resulted in a load factor of 76.7%, a 3.3 percentage point increase when compared to May 2010. For the month, International capacity represented 91.6% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 6.1% while capacity decreased 11.9%. As a result, domestic load factor for the month increased 4.5 percentage points to 72.3%. For the month, domestic capacity represented 8.4% 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 52 destinations in 25 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 66 aircraft: 40 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G



CONTACT: Joseph Putaturo, Director-Investor Relations, +507-304-2677