Copa Holdings, the parent company of Copa Airlines based in Panama, has announced the exercise of purchase optionsfor six additional Boeing 737 MAX 8 aircraft. The newly added aircraft are expected to be delivered in 2028, increasing the group’s firm order book to a total of 57 aircraft.
Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.
StandardAero, a leading U.S.-based provider of MRO (Maintenance, Repair, and Overhaul) services, has officially joined the Latin American and Caribbean Air Transport Association (ALTA) as an affiliate member. The announcement signals StandardAero’s intent to deepen its engagement with the Latin American aviation sector and support the region’s airline and maintenance communities.
Copa Holdings, headquartered in Panama, reported positive traffic results for December 2024, reflecting growth across key metrics. Available Seat Miles (ASMs) rose by 6.5%, while Revenue Passenger Miles (RPMs) increased by 6.8%, signaling strong demand for the airline’s services.
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…
