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Copa Holdings S.A. - CPA STOCK NEWS

Welcome to our dedicated news page for Copa Holdings S.A. (Ticker: CPA), a resource for investors and traders seeking the latest updates and insights on Copa Holdings S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Copa Holdings S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Copa Holdings S.A.'s position in the market.

Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reported a significant increase in passenger traffic for March 2024 compared to the previous year. The company saw a 12.3% rise in capacity (ASMs) and an 11.5% increase in system-wide passenger traffic (RPMs), resulting in a slightly lower system load factor of 86.5%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.36%
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none
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Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) announces the schedule for its First Quarter 2024 Earnings Release and Conference Call. The release will be available on May 15, 2024, after the US market close, with the conference call scheduled for May 16, 2024. Copa Holdings is a prominent Latin American provider of passenger and cargo services operating in North, Central, and South America, and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
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-
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reported a 17.0% increase in capacity and a 17.5% increase in passenger traffic for February 2024 compared to 2023. The load factor also improved by 0.3 percentage points. Copa Holdings is a prominent Latin American airline serving various regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
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none
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reported a decrease in capacity and passenger traffic for January 2024 due to the suspension of operations of twenty-one 737 MAX9 aircraft following an Airworthiness Directive. The ASM decreased by 3.8%, RPM by 5.9%, and the load factor by 1.8 percentage points compared to January 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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none
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Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reported a net profit of US$191.8 million for 4Q23 or US$4.55 per share, with a full-year net profit of US$518.2 million. The operating profit for 4Q23 was US$218.9 million, and the Company ended the quarter with approximately US$1.2 billion in cash, short-term, and long-term investments. However, the revenue per available seat mile (RASM) decreased by 7.3% compared to 4Q22 to 12.7 cents, and the yield decreased by 7.1% to 14.0 cents. The Company also had to suspend operations of twenty-one 737 MAX9 aircraft due to an Airworthiness Directive issued by the United States Federal Aviation Administration (FAA) in January.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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none
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Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for December 2023, showing a 9.3% increase in capacity and a 10.6% increase in system-wide passenger traffic compared to 2022. The load factor for the month was 85.1%, 1.0 percentage points higher than in December 2022. Copa Holdings is a leading Latin American provider of passenger and cargo services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) announces the schedule for their Earnings Release and Conference Call for the Fourth Quarter of 2023. The Earnings Release is set for February 7, 2024, after the US market close, with the Conference Call and Webcast scheduled for February 8, 2024, featuring speakers Pedro Heilbron, CEO, and José Montero, CFO. Copa Holdings is a prominent Latin American provider of passenger and cargo services, operating in North, Central and South America, and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
-
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reports a significant increase in passenger traffic for November 2023. The company's capacity (ASMs) rose by 11.9%, and system-wide passenger traffic (RPMs) increased by 12.4% compared to 2022. The system load factor for the month was 87.4%, marking a 0.4 percentage point increase from November 2022. Copa Holdings is a prominent Latin American provider of passenger and cargo services, operating in North, Central, and South America, and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
none
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Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) announced its financial results for the third quarter of 2023 (3Q23). The company reported a net profit of US$187.4 million for 3Q23, with an operating profit of US$205.0 million and a 23.6% operating margin. Passenger traffic increased by 13.3% year over year, with capacity increasing by 12.1%. The load factor for the quarter increased to 87.8%, and total revenues for 3Q23 increased by 7.2% to US$867.7 million. Operating cost per available seat mile (CASM) decreased by 11.2% from 10.5 cents in 3Q22 to 9.3 cents in 3Q23. The company ended the quarter with approximately US$1.2 billion in cash. Copa Holdings also announced a new US$200 million Share Repurchase Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for October 2023, showing a 12.0% increase in capacity (ASMs) and a 10.2% increase in system-wide passenger traffic (RPMs) compared to 2022. However, the system load factor for the month was 87.6%, 1.4 percentage points lower than in October 2022. Copa Holdings is a leading Latin American provider of passenger and cargo services, operating in North, Central, and South America and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.5%
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none
Copa Holdings S.A.

NYSE:CPA

CPA Rankings

CPA Stock Data

4.05B
31.00M
95.95%
1.4%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
Panama
Complejo Business Park Torre Norte

About CPA

Copa Holdings, S.A. is a publicly traded foreign private issuer listed on the New York Stock Exchange and parent company of Panamanian carrier Copa Airlines and its subsidiary, Colombian carrier Copa Airlines Colombia. It is headquartered in Panama City, Panama.