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 August, 2006


 

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

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-             )



Copa Holdings Announces 14.7% Traffic Growth for July 2006

          PANAMA CITY, Aug. 10 /PRNewswire-FirstCall/ -- Copa Holdings, S.A. (NYSE: CPA) and its Copa Airlines and AeroRepublica operating subsidiaries today released preliminary passenger traffic statistics for July 2006:

Copa Holdings (Consolidated)

 

July
2006

 

July
2005

 

Change
(%)

 


 



 



 



 

ASM (mm) (1)

 

 

599.2

 

 

520.0

 

 

15.2

%

RPM (mm) (2)

 

 

468.6

 

 

408.4

 

 

14.7

%

Load Factor (3)

 

 

78.2

%

 

78.5

%

 

-0.3

p.p.

Copa Airlines

 

 

 

 

 

 

 

 

 

 

ASM (mm) (1)

 

 

449.3

 

 

400.8

 

 

12.1

%

RPM (mm) (2)

 

 

372.9

 

 

326.7

 

 

14.2

%

Load Factor (3)

 

 

83.0

%

 

81.5

%

 

1.5

p.p.

AeroRepublica

 

 

 

 

 

 

 

 

 

 

ASM (mm) (1)

 

 

149.9

 

 

119.3

 

 

25.7

%

RPM (mm) (2)

 

 

95.7

 

 

81.7

 

 

17.1

%

Load Factor (3)

 

 

63.8

%

 

68.5

%

 

-4.7

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 number of miles flown by revenue passengers

 

(3)

Load factor -- represents the percentage of aircraft seating capacity that is actually utilized

          For the month of July 2006, Copa Holdings’ system-wide passenger traffic (RPM) increased 14.7%, while capacity (ASM) increased 15.2%. System load factor for July 2006 was 78.2%, a decrease of 0.3p.p. when compared to July 2005.

          Copa Airlines passenger traffic (RPM) for July 2006 increased by 14.2%, while capacity (ASM) increased 12.1%. This resulted in a load factor of 83.0%, an increase of 1.5 p.p when compared to July 2005.

          AeroRepublica passenger traffic (RPM) for July 2006 increased 17.1%, while capacity (ASM) increased 25.7%. AeroRepublica’s load factor for the month was 63.8%, a 4.7p.p. decrease when compared to July 2005.  

          Copa Holdings, through its Copa Airlines and AeroRepublica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers approximately 110 daily scheduled flights to 34 destinations in 20 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 codeshare agreements with Continental Airlines and other airlines. AeroRepublica, 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 daily flights from Medellin and Cartagena.



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:  08/10/2006

 

 

 

By:

/s/ Victor Vial

 

 


 

Name:

Victor Vial

 

Title:

CFO