Panama-based Copa Holdings reported a first-quarter 2018 net profit of $136.5 million, up 35.1% over net income of $101 million in the 2017 March quarter, as strong demand overcame rising fuel prices. “Copa Holdings’ first-quarter results reflect a healthy demand environment and great execution,” Copa management said in a statement accompanying the quarterly financial figures. “Higher load factors and yields produced a significant unit revenue improvement, which ...

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