OREANDA-NEWS. Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for August 2015:

Operating Data

August 2015

August 2014

% Change

(YOY)

YTD
2015

YTD
2014

% Change

 (YOY)

Copa Holdings  (Consolidated)







  ASM (mm) (1)

1,807.5

1,788.5

1.1%

14,476.1

13,656.7

6.0%

  RPM (mm) (2)

1,344.1

1,392.8

-3.5%

10,862.5

10,656.8

1.9%

  Load Factor (3)

74.4%

77.9%

-3.5p.p.

75.0%

78.0%

-3.0p.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 August 2015, Copa Holdings' system-wide passenger traffic (RPM) decreased 3.5% year over year, while capacity increased 1.1%.  As a result, system load factor for August 2015 was 74.4%, a 3.5 percentage point decrease when compared to August 2014.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 74 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 99 aircraft: 73 Boeing 737NG aircraft and 26 EMBRAER-190s.