Panama-based Copa Holdings Ltd. had a robust 2019 second quarter, despite headwinds from the grounding of the Boeing 737 MAX. Copa’s net profit for the quarter came to $50.9 million, up 2.1% from $49.8 million in the year-earlier period, and a 2Q record for the company. Revenues rose 1.7% to $645 million, while RASM came in 6.3% higher at 10.5 cents. Capacity decreased 4.3% year-over-year, all because of the MAX grounding, while RPMs only decreased 2.5%. CASM-ex fell by 5.7% to ...

Subscribe to Access this Entire Article

"Copa sees strong 2Q on improved demand, higher revenue " 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.