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, 2010
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 ¨
(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 x
(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
2010
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PRESS
RELEASE
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CONTACT:
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Joseph
Putaturo – Panamá
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Director-Investor
Relations
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(507)
304-2677
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COPA
HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR FEBRUARY 2010
Consolidated
traffic increases 11.7%
Panama, March 4, 2010 - Copa Holdings, S.A. (NYSE:
CPA), and its Copa Airlines and Aero Republica operating subsidiaries, today
released preliminary passenger traffic statistics for
February 2010:
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February
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February
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Change
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Copa
Holdings (Consolidated)
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2010
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2009
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(%)
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ASM
(mm) (1)
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768.3 | 745.8 | 3.0 | % | ||||||||
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RPM
(mm) (2)
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620.7 | 555.9 | 11.7 | % | ||||||||
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Load
Factor (3)
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80.8 | % | 74.5 | % |
6.3
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p.p. | ||||||
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Copa
Airlines
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ASM
(mm) (1)
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653.0 | 627.2 | 4.1 | % | ||||||||
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RPM
(mm) (2)
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542.4 | 485.6 | 11.7 | % | ||||||||
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Load
Factor (3)
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83.1 | % | 77.4 | % |
5.6
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p.p. | ||||||
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Aero
Republica
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ASM
(mm) (1)
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115.3 | 118.6 | -2.8 | % | ||||||||
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RPM
(mm) (2)
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78.4 | 70.3 | 11.4 | % | ||||||||
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Load
Factor (3)
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68.0 | % | 59.3 | % |
8.7
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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 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 2010, Copa Holdings’ system-wide passenger traffic (RPM)
increased 11.7%, while capacity (ASM) increased 3.0%. System load
factor for February 2010 was 80.8%, a 6.3 percentage point increase when
compared to February 2009.
Copa
Airlines passenger traffic (RPM) for February 2010 increased 11.7%, while
capacity (ASM) increased 4.1%. This resulted in a load factor of 83.1%, a 5.6
percentage point increase when compared to February 2009.
Aero
Republica passenger traffic (RPM) for February 2010 increased 11.4%, while
capacity (ASM) decreased 2.8%. Load factor for the month reached
68.0%, an 8.7 percentage point increase when compared to February
2009.
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Copa
Holdings, through its Copa Airlines and Aero Republica operating subsidiaries,
is a leading Latin American provider of passenger and cargo services. Copa
Airlines currently offers approximately 152 daily scheduled flights to 45
destinations in 24 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
provides service to 12 cities in Colombia as well as international connectivity
with Copa Airlines' Hub of the Americas through flights from Barranquilla,
Bogota, Bucaramanga, Cali, Cartagena, Medellin and Pereira. Additionally, Aero
Republica has international flights from Colombia to Caracas and Quito. For more
information, visit www.copaair.com.
CPA-G
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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.
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(Registrant)
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Date: 03/04/2010
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By:
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/s/ Victor
Vial
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Name:
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Victor
Vial
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Title:
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CFO
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