Copa Holdings, S.A. reported a net profit of US$148.9 million or US$3.61 per share for the second quarter of 2025, representing a 25.2% increase in earnings per share compared to the same period in 2024. The company achieved a net margin of 17.7% and an operating margin of 21.0%, with revenue per available seat mile (RASM) at 10.7 cents. Operating cost per available seat mile (CASM) decreased by 4.6% to 8.5 cents.

The company ended the quarter with approximately US$1.4 billion in cash, short-term and long-term investments, representing 39% of the last twelve months’ revenues. Copa Holdings closed the second quarter with an Adjusted Net Debt to EBITDA ratio of 0.6 times and took delivery of three Boeing 737 MAX 8 aircraft, bringing the consolidated fleet to 115 aircraft.

In June, Copa Airlines was recognized as the “Best Airline in Central America and the Caribbean” by Skytrax for the tenth consecutive year. The airline achieved an on-time performance of 91.5% and a flight completion factor of 99.8% for the quarter, showcasing operational excellence in the industry.

The Board of Directors of Copa Holdings ratified a second dividend payment for the year of US$1.61 per share, to be paid on September 15, 2025, to shareholders of record as of August 29, 2025. The company will hold a financial results conference call on August 7, 2025, at 11 am ET (10 am local time).

Copa Holdings is a leading Latin American provider of passenger and cargo services, operating in North, Central, and South America, and the Caribbean. The company’s financial information is presented in accordance with International Financial Reporting Standards (IFRS), with comparisons made to the second quarter of 2024. Investors can access the full 2Q25 earnings release for more details.

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