Americas

Copa's net profits soar, lowers capacity guidance following Venezuela-Panama flight suspensions

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Copa's net profits soar, lowers capacity guidance following Venezuela-Panama flight suspensions

Copa Airlines' parent Copa Holdings' net profit in the second quarter of the year was $120.3 million, soaring from $17.5 million in the same period last year. The company's revenues climbed 10.8% over last year to $3.3bn. Its total operating expenses were up 7.4% to $660 million. While fuel climbed...

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