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Copa Holdings SA Management Discusses Q2 2012 Results - Earnings Call Transcript

Copa Holdings SA (CPA)

Q2 2012 Earnings Call

August 09, 2012 11:00 am ET

Executives

Joseph Putaturo

Pedro Heilbron - Chief Executive Officer and Director

Victor Vial - Chief Financial Officer

Analysts

Michael Linenberg - Deutsche Bank AG, Research Division

Duane Pfennigwerth - Evercore Partners Inc., Research Division

Eduardo Siffert Couto - Goldman Sachs Group Inc., Research Division

James D. Parker - Raymond James & Associates, Inc., Research Division

Hunter K. Keay - Wolfe Trahan & Co.

Helane R. Becker - Dahlman Rose & Company, LLC, Research Division

Alexandre van Amson - Santander, Equity Research

Stephen Trent - Citigroup Inc, Research Division

Presentation

Operator

Welcome to the Copa Holdings Second Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being webcast and recorded August 9, 2012. Now, I will turn the conference call over to Joe Putaturo, Director of Investor Relations. Sir, you may begin.

Joseph Putaturo

Thank you very much, operator, and welcome, everyone to our second quarter earnings call. Joining us today are Pedro Heilbron, CEO of Copa Holdings; and Victor Vial, our Chief Financial Officer.

First, Pedro will start with our second quarter highlights followed by Victor, who will discuss our financial results. Immediately after, we'll open up the call for questions from analysts.

Copa Holdings second quarter financial results have been prepared in accordance with International Financial Reporting Standards. In today's call, we will discuss non-IFRS financial measures. A reconciliation of the non-IFRS to IFRS financial measures can be found in our first quarter earnings release, which has been posted on the company's website, copaair.com.

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