Copa Airlines and Aero Republica parent Copa Holdings reported second-quarter net income of $30.4 million, down 1.5% from $30.9 million in the year-ago period, as its aggressive expansion continued to pay off even in the face of high fuel costs. Copa said the "strong results" were reflective of fast-growing revenue that allowed it to maintain "its position among the world's most profitable airlines" even as fuel costs rose by $37 million year-over-year. Operating revenue soared 26.6% to ...

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