Copa Holdings, parent of Panama's Copa Airlines and Copa Airlines Colombia (formerly Aero Republica), posted 2010 net income of $212.1 million, down 11.8% from a $240 million profit in 2009.
Copa Airlines 737-800. Copa Holdings, parent of Panama's Copa Airlines and Copa Airlines Colombia (formerly Aero Republica), posted 2010 net income of $212.1 million, down 11.8% from a $240 million profit in 2009. But it noted that 2009 net results benefited from a $58 million non-cash gain owing to fuel hedging, and net income excluding special items rose from $201.7 million in 2009 to $219.2 million in 2010. Fourth-quarter net income was $92.8 million, up 31.8% from a $70.4 ...
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