Copa Holdings Q2 Profit Soars Amid Growth

Copa Holdings (CPA) has released an update.

Copa Holdings S.A. has reported a significant increase in its financial results for the second quarter of 2024, with a net profit of $120.3 million and an increase in passenger traffic by 10.6%. Despite a decrease in yield and revenue per available seat mile, the company’s overall revenue grew by 1.3% to $819.4 million. Copa Holdings also strengthened its fleet with new aircraft deliveries and maintained a strong on-time performance, underscoring its industry-leading position.

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