Copa first-quarter profit falls 49%

Copa Holdings, parent of Copa Airlines and Aero Republica, reported first-quarter net income of $36.7 million, down 48.7% from a $71.6 million profit in the year-ago period, on an 8.6% lift in revenue to $335.2 million. It said its net income was affected negatively by a $19.8 million charge related...

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