Copa Holdings—parent company of Panama-based Copa Airlines and Copa Airlines Colombia—reported 2015 net profit of $185.4 million, down 49% compared to 2014. Full-year revenue was down 16.8% to $2.25 billion while expenses fell 9.2% to $1.98 billion, producing an operating income of $266.1 million, down 49%. Fourth-quarter 2015 net profits were $1.9 million, down 92.6% from the same period in 2014, on revenues of $533 million, which were down 19%. Fourth-quarter operating ...

Subscribe to Access this Entire Article

"Copa Holdings net profit down 49% in 2015" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.