OREANDA-NEWS. Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for July 2016:

Operating Data

Jul

Jul

% Change

YTD

YTD

% Change

2016

2015

(YOY)

2016

2015

(YOY)

Copa Holdings  (Consolidated)

            

  ASM (mm) (1)

1,896.3

1,876.2

1.1%

12,798.5

12,668.6

1.0%

  RPM (mm) (2)

1,632.7

1,486.4

9.8%

10,117.0

9,577.0

5.6%

  Load Factor (3)

86.1%

79.2%

6.9p.p.

79.0%

75.6%

3.5p.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 July 2016, Copa Holdings' system-wide passenger traffic (RPM) increased 9.8% year over year, while capacity (ASM) increased 1.1%.  As a result, system load factor for July 2016 was 86.1%, a 6.9 percentage point increase when compared to July 2015.

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 101 aircraft: 78 Boeing 737NG aircraft and 23 EMBRAER-190s.