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Copa Holdings, S.A. (NYSE: CPA) provides essential air transportation services across the Americas through its Copa Airlines and Copa Airlines Colombia subsidiaries. This news hub offers investors and industry professionals direct access to official updates and market-moving developments.
Track critical information including quarterly earnings reports, strategic route expansions, fleet modernization initiatives, and partnership announcements. Our curated collection ensures timely access to operational updates, leadership changes, and regulatory filings that impact CPA's market position.
Discover coverage of key business aspects: passenger service innovations, cargo network enhancements, and sustainability efforts in Latin American aviation. The resource serves both frequent travelers monitoring service changes and analysts evaluating regional transportation trends.
Bookmark this page for streamlined access to Copa Holdings' latest corporate communications. Combine these updates with SEC filings and market analysis for comprehensive investment research.
Copa Holdings, S.A. (NYSE: CPA) reported preliminary passenger traffic statistics for March 2022. Consolidated capacity (ASM) was down 8.4% compared to March 2019, while passenger traffic (RPM) decreased by 6.8%. The load factor improved to 84.8%, up from 83.3% in March 2019. This data reflects the ongoing impact of the Covid-19 pandemic on operations, with comparisons to 2019 statistics to track recovery. Copa provides extensive passenger and cargo services throughout the Americas and the Caribbean.
Copa Holdings, S.A. (NYSE: CPA) will release its First Quarter 2022 earnings on May 11, 2022, after the US market closes. The earnings conference call is scheduled for May 12, 2022, at 11:00 AM US ET. Interested parties can join via telephone or webcast. The company operates passenger and cargo services across North, Central, and South America and the Caribbean. For further details, visit their website.
Copa Holdings, S.A. (NYSE: CPA) has filed its annual report Form 20-F for the fiscal year ending December 31, 2021, with the U.S. Securities and Exchange Commission. The report is available on Copa's investor relations website, allowing shareholders to request a hard copy, including audited financial statements, free of charge. Copa Holdings is recognized as a leading Latin American provider of passenger and cargo services across North, Central, and South America, as well as the Caribbean.
Copa Holdings, S.A. (NYSE: CPA) reported preliminary passenger traffic statistics for February 2022, revealing a 9.8% decline in consolidated capacity (available seat miles) compared to February 2019. Additionally, revenue passenger miles dropped by 13.0%, resulting in a load factor of 80.7%, down 2.9 percentage points from the same month in 2019. The company continues to use 2019 as a benchmark due to operational irregularities caused by the Covid-19 pandemic since March 2020.
Copa Holdings, S.A. (NYSE: CPA) reported preliminary passenger traffic statistics for January 2022. Consolidated capacity (ASMs) was down 18.0% compared to January 2019. Revenue passenger miles (RPMs) also decreased by 22.0%, leading to a load factor of 79.0%, which is a decline of 4.0 percentage points from 83.0% in January 2019. The company continues to compare figures against pre-pandemic statistics due to ongoing impacts of the Covid-19 pandemic on operations.
Copa Holdings, S.A. (NYSE: CPA) reported a net profit of US$114.4 million or US$2.69 per share for 4Q21, with an operating profit of US$155.0 million. Excluding special items, the adjusted net profit was US$84.1 million or US$1.98 per share. Total revenues reached US$575.0 million, with passenger revenues at 82.2% of 4Q19 levels. The company maintained US$1.5 billion in liquidity. For FY21, net profit was US$39.9 million, down from US$247 million in FY19, showing ongoing pandemic impacts on overall performance.
Copa Holdings (NYSE: CPA) reported December 2021 passenger traffic metrics, revealing a decrease in capacity and traffic compared to December 2019. Available Seat Miles (ASMs) fell by 11.8% to 1,873.1 million, and Revenue Passenger Miles (RPMs) decreased by 13.5% to 1,569.6 million. The load factor for December was 83.8%, down 1.6 percentage points compared to 2019. The company continues to navigate the impacts of the Covid-19 pandemic.
Copa Holdings, S.A. (NYSE: CPA) has announced its Fourth Quarter 2021 Earnings Release scheduled for February 9, 2022, after US market close. A conference call will follow on February 10, 2022, at 11:00 AM US ET, featuring CEO Pedro Heilbron and CFO José Montero. The call is accessible via webcast to mitigate potential connection issues due to high call volumes during the pandemic. Investors are encouraged to join early to ensure participation.
Copa Holdings released preliminary passenger traffic statistics for November 2021, showing a 16.3% decline in capacity (ASM) compared to November 2019 at 1,664.7 million. Passenger traffic (RPM) also dropped by 17.3%, totaling 1,407.2 million, which resulted in a load factor of 84.5%, down 1.0 percentage point from 85.5% in 2019.
Copa Holdings continues to navigate challenges stemming from the Covid-19 pandemic, comparing future statistics to 2019 data.
DXC Technology has secured a multiyear renewal agreement with Copa Airlines to modernize its legacy Passenger Service System (PSS) by migrating it to the public cloud. This transition, supported by Microsoft, aims to enhance Copa's digital transformation, providing a scalable and efficient IT platform without disrupting business operations. The project promises a nearly 99.5% automated migration rate and aims to significantly improve integration and reduce costs. Copa Airlines is recognized for its excellent service and punctuality across Latin America.