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, 2012

 

 

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 S    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 S

 

(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 ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR FEBRUARY 2012

 

 

 

 

 

 

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: 3/7/2012    
    By: /s/ Victor Vial
    Name:  Victor Vial
    Title:     CFO

 

2

 

Copa Holdings Announces Monthly Traffic Statistics for February 2012

PANAMA CITY, March 7, 2012 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2012:


February

February

% Change

YTD

YTD

% Change

Operating Data

2012

2011

(YOY)

2012

2011

(YOY)

Copa Holdings (Consolidated)







 ASM (mm) (1)

1,217.6

965.9

26.1%

2,531.5

2,059.7

22.9%

 RPM (mm) (2)

926.2

741.0

25.0%

1,969.2

1,609.8

22.3%

 Load Factor (3)

76.1%

76.7%

-0.6p.p.

77.8%

78.2%

-0.4p.p.

International Service  







 ASM (mm) (1)

1,163.7

879.4

32.3%

2,411.6

1,860.7

29.6%

 RPM (mm) (2)

884.3

677.0

30.6%

1,871.2

1,457.2

28.4%

 Load Factor (3)

76.0%

77.0%

-1.0p.p.

77.6%

78.3%

-0.7p.p.

Domestic Service







 ASM (mm) (1)

53.9

86.5

-37.7%

120.0

199.0

-39.7%

 RPM (mm) (2)

42.0

64.0

-34.5%

98.0

152.7

-35.8%

 Load Factor (3)

77.9%

74.1%

3.8p.p.

81.7%

76.7%

5.0p.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 2012, Copa Holdings' system-wide passenger traffic (RPM) increased 25.0%, while capacity increased 26.1%. System load factor for February 2012 was 76.1%, a 0.6 percentage point decline when compared to February 2011.

International passenger traffic grew 30.6%, while capacity increased 32.3%. This resulted in a load factor of 76.0%, a 1.0 percentage point decrease when compared to February 2011. For the month, International capacity represented 95.6% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 34.5%, while capacity decreased 37.7%. As a result, domestic load factor for the month increased 3.8 percentage points to 77.9%. For the month, domestic capacity represented 4.4% 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 59 destinations in 28 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 74 aircraft: 48 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G



CONTACT: Joseph Putaturo – Panama, Director-Investor Relations, Copa Holdings, S.A., +011-507-304-2677