All Copa Airlines articles – Page 2
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NewsCopa posts $20m profit in first quarter, warns of high jet fuel prices
Copa Holdings, the parent of Panama’s Copa Airlines, says the first quarter of 2022 was profitable, but higher jet fuel prices will weigh on earnings during the next few months.
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NewsCopa posts Q4 profit but takes Omicron hit in Q1
Copa Holdings, the parent of Panama City-based Copa Airlines posted a profit for the fourth quarter of 2021, but says the Omicron variant of Covid-19 will negatively affect first-quarter earnings.
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NewsCopa to restore entire network in 2022
Copa Holdings, parent of Panama’s Copa Airlines, expects to restore the carrier’s full network next year as more countries discard coronavirus-driven travel restrictions and vaccination rates across Latin America inspire customers to travel.
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Airline BusinessLatin American airline CEOs reflect on the pandemic’s lessons learned
For airlines in Latin America, the coronavirus pandemic not only posed a sudden, monumental operational challenge, but also interrupted the region’s long overdue growth trajectory.
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NewsALTA elects LATAM CEO Alvo as next executive committee president
The Latin American and Caribbean Air Transport Association (ALTA) has elected LATAM Airlines’ chief executive Roberto Alvo to be the next president of its executive committee.
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NewsCopa Airlines’ recovery depends on regional reopening
Panama’s Copa Airlines’ recovery depends in large part on factors it can’t control, including Latin American countries’ approaches to relaxing their pandemic-related travel restrictions.
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Airline BusinessAirline Strategy Awards signal return of international airline events
As Covid-19 travel restrictions are relaxed in some key airlines markets, the return of international in-person events is a growing trend – and an important one for an industry that would struggle if Zoom became the default setting for business networking.
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NewsCopa posts small Q2 profit despite travel restrictions
Copa Holdings, parent of Panama’s Copa Airlines, achieved a small profit during the second quarter of 2021 as operations began to normalise following the long Covid-19-driven disruption.
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NewsCopa posts first quarter loss, sees diverging trends in the Americas
Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump.
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NewsCopa Q4 loss is $169m, as it operated 27% of capacity
Panama’s Copa Airlines posted a fourth quarter loss of $169 million as it was only able to operate 27% of the capacity it had operated in the same quarter a year prior, due to coronavirus-related travel restrictions.
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NewsCopa wins Decade of Airline Excellence Award for Latin America region
Recipient of the Decade of Airline Excellence Award for the Latin America region, sponsored by Embraer.
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NewsCopa struggles in Q3 amid travel restrictions
Panama’s Copa Airlines struggled during the third quarter as ongoing strict travel restrictions almost completely shut down the airline for the first 45 days of the period.
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NewsAirlines gear up to return Boeing 737 Max into fleet
American Airlines will lead the way in bringing the newly re-certificated Boeing 737 Max aircraft back into its schedule after the Federal Aviation Administration gave the jet the green light to start flying again.
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Airline BusinessLatin American aviation’s coronavirus slumber far from over
As the global aviation industry gets used to the idea that a rebound may take three years, the sector in Latin America is looking at a particularly difficult recovery, as airlines report staggering losses, borders remain closed and governments continue withholding aid.
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NewsCopa’s second-quarter results shattered by travel restrictions
Copa Holdings, the parent of Panama City-based Copa Airlines, reported a second-quarter loss of $386 million as the coronavirus, coupled with numerous government-imposed measures to stop its spread, decimated the company’s business.
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NewsUS DOT fines Copa $450,000 for flying passengers between the US and Venezuela
The US Department of Transportation (DOT) has fined Panama-headquartered Copa Airlines $450,000 for “unlawfully transporting passengers” between the USA and Venezuela.
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NewsCopa net profit jumps as Max crisis drags on
Higher travel demand and low fuel costs offset lost revenue opportunities as Panama’s Copa Airlines continues to post strong earnings even while struggling with the ongoing effects of the Boeing 737 Max crisis.
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News
Copa expedites E190 retirements as it eagerly awaits Max return
Copa Airlines will be phasing out its Embraer E190 aircraft and moving to a Boeing-only fleet faster than originally expected, while eagerly awaiting the Boeing 737 Max’s return to service, the Panama-based carrier tells analysts in the airline’s quarterly earnings call.
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Latin American airlines embrace equity ties with larger carriers
Leaders of Latin American carrier expressed optimism on 28 October about the increasingly common joint ventures and airline-airline equity investments, while also downplaying regional challenges as workaday hurdles.
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News737 Max grounding slows Latin American airline expansion
Just like elsewhere in the world, the grounding of the Boeing 737 Max has stymied airline industry growth in Latin America, a region long home to some of Seattle-based Boeing’s top customers.
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