{"id":133631,"date":"2022-11-17T18:00:00","date_gmt":"2022-11-17T18:00:00","guid":{"rendered":"https:\/?p=133631"},"modified":"2022-11-18T12:03:10","modified_gmt":"2022-11-18T12:03:10","slug":"copa-holdings-earns-115-9-million","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/11\/copa-holdings-earns-115-9-million.html","title":{"rendered":"Copa Holdings earns $115.9 million in third quarter of the year"},"content":{"rendered":"\n

Copa Holdings<\/strong>, parent company of Copa Airlines, reported revenues of US$809 million in the third quarter of 2022, up 14.3% from the same period of 2019.<\/p>\n\n\n\n

The company posted a profit of US$115.9 million, up from US$13.2 million in 2Q2022 and up 11.5% from US$104 million in the same quarter of 2019.<\/p>\n\n\n\n

\u2192 Copa Airlines recognized as the \u201cBest Airline in Central America and the Caribbean\u201d.<\/a><\/em><\/strong><\/p>\n\n\n\n

“After the losses related to the Covid pandemic, we have seen a steady improvement in our financial results,” Copa said. “The company has a proven and very solid business model, which is based on operating the best and most convenient network for travel within Latin America.”<\/p>\n\n\n\n

Panama’s advantageous geographic position, low unit costs, improved on-time performance and strong balance sheet have helped the company recover from the two-year pandemic of Covid-19.<\/p>\n\n\n\n

During the quarter, the company took delivery of one Boeing 737 MAX 9 aircraft, for a total fleet of 95 aircraft: 67 737-800s, 19 737 MAX 9s, nine 737-700s and one 737-800 cargo aircraft.<\/p>\n\n\n\n

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