COPA Holdings operating profit up 13% in 4Q2011

COPA Holdings revenue up 6% - preliminary financial highlights:

• Three months ended 31-Dec-2011:
  • Operating revenue: USD504.6 million, +22.7% year-on-year;
  • Operating profit: USD106.1 million, +13.0%;
  • Net profit: USD104.4 million, +10.6%;
  • Passenger numbers: 1.7 million, +2.1%;
  • Load factor: 74.9%, -3.9 ppts;
  • Breakeven load factor: 58.9%, -0.8 ppt;
  • Yield: USD 17.7 cents, +7.4%;
  • Passenger revenue per ASM: USD 13.3 cents, 2.0%;
  • Revenue per ASM: USD 13.9 cents, +0.8%;
  • Cost per ASM: USD 11.0 cents, +3.2%;
  • Cost per ASM excl fuel: USD 6.9 cents, -4.6%;
• 12 months ended 31-Dec-2011:
  • Operating revenue: USD1830 million, +29.3%;
  • Operating profit: USD384.7 million, +32.8%;
  • Net profit: USD310.4 million, +28.8%;
  • Passenger numbers: 6.7 million, +7.6%;
  • Load factor: 76.4%, -0.5 ppt;
  • Breakeven load factor: 59.9%, -0.6 ppt;
  • Yield: USD 17.1 cents, +7.8%;
  • Passenger revenue per ASM: USD 13.1 cents, +7.1%;
  • Revenue per ASM: USD 13.7 cents, +6.1%;
  • Cost per ASM: USD 10.8 cents, +5.3%;
  • Cost per ASM excel fuel: USD 6.7 cents, -4.4%. [more - original PR]