Loading...
Copa Holdings reported a net profit of US$176.8 million for the first quarter of 2025, a slight increase compared to the same period last year. Operating profit was US$213.8 million with an operating margin of 23.8%. Capacity (ASMs) increased by 9.5%, while Ex-fuel CASM decreased by 4.3% and RASM decreased by 8.1% year over year. The company ended the quarter with approximately US$1.3 billion in cash and investments.
Copa Holdings reported a decline in revenue and profitability in Q4 2024, with revenue down 3.9% YoY and net income falling 11.5% YoY. Despite these declines, the company maintained a strong operating margin of 23.3% and increased capacity by 7.2% YoY.