Copa Holdings announces 15.5% traffic growth for January 2009

Copa Holdings, S.A. and its Copa Airlines and Aero Republica operating subsidiaries, released preliminary passenger traffic statistics for January 2009. For the month of January, Copa Holdings’ system-wide passenger traffic increased 15.5%, while capacity increased 18.0%. System load factor for January 2009 was 77.8%, a 1.7 percentage point decrease when compared to January 2008.