Copa Holdings announces traffic statistics for February 2016

PANAMA CITY, Panama – Copa Holdings, SA, today released preliminary passenger traffic statistics for February 2016:

Operating Data February February % Change YTD YTD % Change

PANAMA CITY, Panama – Copa Holdings, SA, today released preliminary passenger traffic statistics for February 2016:

Operating Data February February % Change YTD YTD % Change
2016 2015 (YOY) 2016 2015 (YOY)

Copa Holdings (Consolidated)

ASM (mm) (1) 1,792.1 1,706.4 5.0% 3,741.0 3,598.6 4.0%
RPM (mm) (2) 1,375.5 1,313.8 4.7% 2,932.0 2,828.6 3.7%
Load Factor (3) 76.8% 77.0% -0.2p.p. 78.4% 78.6% -0.2p.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 2016, Copa Holdings’ system-wide passenger traffic (RPM) increased 4.7% year over year, while capacity increased 5.0%. As a result, system load factor for February 2016 was 76.8%, a 0.2 percentage point decrease when compared to February 2015.

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Linda Hohnholz

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