Copa Holdings' March Consolidated Traffic up 21.2%

For the month of March 2011, Copa Holdings' CPA system-wide passenger traffic (RPM) increased 21.2%, while capacity (ASM) increased 24.0%. System load factor for March 2010 was 75.9%, a 1.7 percentage point decrease when compared to March 2010. International passenger traffic grew 24.6%, while capacity increased 28.7%. This resulted in a load factor of 76.5%, a 2.5 percentage point decrease when compared to March 2010. For the month, International capacity represented 91.0% of total capacity. Domestic traffic, represented wholly by Colombian domestic service, decreased 7.1% while capacity decreased 9.6%. As a result, domestic load factor for the month increased 1.9 percentage points to 70.4%. For the month, domestic capacity represented 9.0% of total capacity.