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 January,
2008
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
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-
)
 |
 |
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PRESS
RELEASE
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CONTACT:
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Joseph
Putaturo - Panamá
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|
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Director-Investor
Relations
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|
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(507)
304-2677
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COPA
HOLDINGS ANNOUNCES 9.4% TRAFFIC GROWTH FOR DECEMBER
2007
PANAMA,
January 10, 2008 -
Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero Republica
operating subsidiaries, today released preliminary passenger traffic statistics
for December 2007:
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Copa
Holdings (Consolidated)
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December
2007
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December
2006
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Change
(%)
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|
ASM
(mm) (1)
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706.9
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654.4
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8.0%
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RPM
(mm) (2)
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540.3
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493.8
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9.4%
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Load
Factor (3)
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76.4%
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75.5%
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1.0
pp
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Copa
Airlines
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|||
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ASM
(mm) (1)
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577.9
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502.1
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15.1%
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RPM
(mm) (2)
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450.5
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398.5
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13.1%
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Load
Factor (3)
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78.0%
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79.4%
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-1.4
pp
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Aero
Republica
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|||
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ASM
(mm) (1)
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129.0
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152.3
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-15.3%
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RPM
(mm) (2)
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89.8
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95.3
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-5.8%
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Load
Factor (3)
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69.6%
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62.6%
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7.0
pp
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| 1. |
Available
seat miles - represents the aircraft seating capacity multiplied
by the
number of miles the seats are flown.
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| 2. |
Revenue
passenger miles - represents the numbers of miles flown by revenue
passengers
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| 3. |
Load
factor - represents the percentage of aircraft seating capacity
that is
actually utilized
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For
the
month of December 2007, Copa Holdings’ system-wide passenger traffic (RPM)
increased 9.4%, while capacity (ASM) increased 8.0%. System load factor for
December 2007 was 76.4%, a 1.0 percentage point increase when compared to
December 2006.
Copa
Airlines passenger traffic (RPM) for December 2007 increased 13.1% while
capacity (ASM) increased 15.1%. This resulted in a load factor of 78.0%,
a 1.4
percentage point decrease when compared to December 2006.
Aero
Republica passenger traffic (RPM) for December 2007 decreased 5.8%, while
capacity (ASM) decreased 15.3%. Aero Republica’s load factor for the month was
69.6%, a 7.0 percentage point increase when compared to December
2006.
Copa
Holdings, through its Copa Airlines and Aero Republica operating subsidiaries,
is a leading Latin American provider of passenger and cargo service. Copa
Airlines currently offers approximately 126 daily scheduled flights to 40
destinations in 21 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 code share
agreements with Continental Airlines and other airlines. Aero Republica,
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 flights from Bogota, Bucaramanga, Cali, Cartagena and
Medellin.
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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.
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Copa
Holdings, S.A.
(Registrant)
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| Date: 01/11/2008 | By: | /s/ Victor Vial |
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Name:
Victor Vial
Title:
CFO
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