Uniworld Air Cargo, based in Panama, has submitted an application to the US Department of Transportation (DOT)seeking an exemption to engage in charter foreign air transportation of property and mail. The request leverages the provisions of the Open Skies Agreement between the United States and Panama.
Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.
Copa Airlines (Panama) remains on track to expand its fleet, expecting the delivery of two B737 MAX 8 aircraft by the end of 2024, despite some delays. This addition will bring the airline’s total fleet to 112 aircraft by year-end. Looking ahead to 2025, Copa plans to receive 11 more MAX 8s, culminating in a fleet of 123 aircraft by the close of the year.
Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term…
Copa Holdings, the parent company of Copa Airlines, has reported its October 2024 traffic results, showing positive growth in Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs). ASMs saw an increase of 6.6%, while RPMs rose by 6.5% compared to the same period last year. However, the load factor (LF), which indicates how full flights are on average, experienced a slight decline…
