Copa Holdings Announces Monthly Traffic Statistics For March 2018

PANAMA CITY, April 11, 2018

Operating Data	Mar	Mar	% Change	YTD	YTD ARIVA.DE Börsen-Geflüster Kurse Copa Airlines Holdings SA 95,00 € 0,00%	% Change
	2018	2017	(YOY)	2018	2017	(YOY)
Copa Holdings  (Consolidated)
ASM (mm) (1)	2,170.9	1,932.8	12.3%	6,297.6	5,808.2	8.4%
RPM (mm) (2)	1,774.8	1,539.3	15.3%	5,223.4	4,732.2	10.4%
Load Factor (3)	81.8%	79.6%	2.1p.p.	82.9%	81.5%	1.5p.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 March 2018, Copa Holdings' system-wide passenger traffic (RPMs) increased 15.3% year over year, while capacity (ASMs) increased 12.3%.  As a result, system load factor for the month was 81.8%, a 2.1 percentage point increase when compared to March 2017.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 75 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: 81 Boeing 737NG aircraft and 20 EMBRAER-190s. For more information visit www.copa.com.

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SOURCE Copa Holdings, S.A.