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Copa earns $111.9 million 3Q profit

Copa Holdings, parent of Panama’s Copa Airlines (CM) and Copa Airlines Colombia, posted third-quarter net income of $111.9 million, up 59.1% from a $70.3 million net profit earned in the year-ago period.

Copa Airlines 737-800. By Kurt Hofmann Copa Holdings, parent of Panama’s Copa Airlines (CM) and Copa Airlines Colombia, posted third-quarter net income of $111.9 million, up 59.1% from a $70.3 million net profit earned in the year-ago period. The company cited strong demand trends—resulting in solid load factors and yields, despite significant capacity expansion—for the improved earnings. Third-quarter revenue jumped 24.5% year-over-year to $590.4 million while ...

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