Copa Holdings operating profit up 15% in 3Q2012

Copa Holdings revenue up 25% - financial highlights for three months ended 30-Sep-2012:

• Operating revenue: USD590.4 million, +24.5% year-on-year;
  • Passenger: USD568.6 million, +25.2%;
  • Cargo, mail and other: USD21.9 million, +8.4%;
• Operating costs: USD476.4 million, +27.0%;
  • Fuel: USD186.8 million, +28.1%;
  • Labour: USD63.0 million, +16.2%;
• Operating profit: USD114.1 million, +14.9%;
• Net profit: USD111.9 million, +59.1%;
• Passenger numbers: 1.9 million, +20.5%;
• Load factor: 75.4%, -1.7 ppt;
• Breakeven load factor: 59.8%, +1.2 ppt;
• Yield: USD 17.3 cents, +1.1%;
• Passenger revenue per ASM: USD 13.0 cents, -1.1%;
• Revenue per ASM: USD 13.5 cents, -1.7%;
• Cost per ASM: USD 10.9 cents, +0.4%;
• Cost per ASM excl fuel: USD 6.6 cents, -0.2%;
• Average stage length: 1083 miles, +2.3%;
• Total assets: USD3438 million, +12.1% when compared to period ended 31-Dec-2011;
• Cash and cash equivalents: USD282.6 million, +15.9% when compared to period ended 31-Dec-2011;
• Total liabilities: USD1891 million, +12.8% when compared to period ended 31-Dec-2011. [more - original PR]