From GlobeNewswire: 2025-05-07 17:30:00

Copa Holdings reported a net profit of US$176.8 million or US$4.28 per share in the first quarter of 2025, with a 9.5% increase in capacity and a 4.3% decrease in operating cost per available seat mile excluding fuel. The Company ended the quarter with US$1.3 billion in cash and exercised options for six additional Boeing 737 MAX-8 aircraft.

In subsequent events, the Board of Directors of Copa Holdings ratified its second dividend payment for the year of US$1.61 per share, to be paid on June 13, 2025. Copa Airlines achieved an on-time performance of 90.8% and a flight completion factor of 99.9% for the quarter, solidifying its industry position.

Copa Holdings also released its consolidated operating and financial statistics for 1Q25, showing increases in revenue passengers carried, RPMs, and operating revenues. The Company maintained a strong operating margin of 23.8% despite a slight decrease compared to 1Q24. The full 1Q25 earnings release is available for download on their website.

The consolidated statement of profit or loss for Copa Holdings revealed a net profit of US$176.8 million in 1Q25, with passenger revenue remaining steady. Operating expenses increased slightly, leading to an operating profit of US$213.8 million. Total assets and liabilities were detailed in the consolidated statement of financial position, showing a strong financial position for the Company.



Read more at GlobeNewswire:: Copa Holdings Reports First-Quarter Financial Results