Copa Airlines and Aero Republica parent Copa Holdings reported a $240.4 million profit for 2009, more than double the $118.7 million earned in the prior year. The 2009 result included a $19.4 million charge related to the retirement of four MD-80s and Aero Republica's transition to an all E-190 fleet, as well as a $58 million noncash gain on the company's fuel hedges. Full-year operating revenue dipped 2.8% to $1.25 billion while operating profit slipped 0.3% to $223.3 million. The company ...

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