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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 6-K
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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 April, 2007
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COPA HOLDINGS, S.A.
(Translation of Registrant's Name Into English)
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Boulevard Costa del Este, Avenida Principal y Avenida de la Rotonda
Urbanizacion Costa del Este
Complejo Business Park, Torre Norte
Parque Lefevre
Panama City, Panama
(Address of principal executive offices)
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(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- )
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Enclosure: Press Release - COPA HOLDINGS ANNOUNCES 21.8% TRAFFIC GROWTH FOR
MARCH 2007
COPA HOLDINGS ANNOUNCES 21.8% TRAFFIC GROWTH FOR MARCH 2007
PANAMA CITY, April 11 /PRNewswire-FirstCall/ -- Copa Holdings, S.A. (NYSE:
CPA), and its Copa Airlines and Aero Republica operating subsidiaries, today
released preliminary passenger traffic statistics for March 2007:
March March Change
Copa Holdings (Consolidated) 2007 2006 (%)
----------------------------- -------- -------- --------
ASM (mm) (1) 636.2 551.8 15.3%
RPM (mm) (2) 478.0 392.5 21.8%
Load Factor (3) 75.1% 71.1% 4.0p.p.
Copa Airlines
ASM (mm) (1) 503.5 420.6 19.7%
RPM (mm) (2) 411.9 331.6 24.2%
Load Factor (3) 81.8% 78.8% 3.0p.p.
AeroRepublica
ASM (mm) (1) 132.6 131.2 1.1%
RPM (mm) (2) 66.0 60.9 8.5%
Load Factor (3) 49.8% 46.4% 3.4p.p.
1. Available seat miles (ASM) - represents the aircraft seating capacity
multiplied by the number of miles the seats are flown.
2. Revenue passenger miles (RPM) - 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 March 2007, Copa Holdings' system-wide passenger traffic
(RPM) increased 21.8%, while capacity (ASM) increased 15.3%. System load factor
for March 2007 was 75.1%, an increase of 4 percentage points when compared to
March 2006.
Copa Airlines passenger traffic (RPM) for March 2007 increased 24.2% while
capacity (ASM) increased 19.7%. This resulted in a load factor of 81.8%, an
increase of 3 percentage points when compared to March 2006.
Aero Republica passenger traffic (RPM) for March 2007 increased 8.5%, while
capacity (ASM) increased 1.1%. Aero Republica's load factor for the month was
49.8%, a 3.4 percentage point increase when compared to March 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 110 daily scheduled
flights to 36 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 codeshare
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, Cali, Cartagena and Medellin.
CPA-G
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.
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(Registrant)
Date: 04/11/2007
By: /s/ Victor Vial
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Name: Victor Vial
Title: CFO