Live financial news intelligence

Track market-moving stories before they get noisy

Real-time pulse of financial headlines curated from 5 premium feeds.

Latest market signal Czech Filtered by asset CPAN
Coverage 166,827 Raw stories ingested 21,951 rewritten in CS_CZ • 0 to rewrite (last 2 days).
Agents 7 waiting Pipeline agents
  • FMP Stock News Fetch every minute 1m ago
  • FMP Forex News Fetch every 5 min 2m ago
  • CoinGecko News Fetch every 5 min 4m ago
  • FIO Stock News Fetch every 10 min 7m ago
  • Patria Stock News Fetch every 10 min 7m ago
  • Editorial rewrite Rewrite every minute 1m ago
  • Asset sync Assets every 1 hour 56m ago

Latest coverage

Market News Feed

Scan headlines quickly, then expand any story for source context.

View
Language
Relevance
Clear
Details Date Content Source Relevance
2026-09-04 18:54 5d ago
2026-09-04 12:36 5d ago
Copa Holdings klesá po slabém EPS a drahém palivu
CPAN Copa Holdings
FMP Stock News 78
Original source text
It has been about a month since the last earnings report for Copa Holdings (CPA - Free Report) . Shares have lost about 8.9% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Copa Holdings due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Copa Holdings, S.A. before we dive into how investors and analysts have reacted as of late.

Copa Holdings Q2 Earnings Top EstimatesCopa Holdings, S.A. reported second-quarter 2026 earnings of $1.67 per share, down 53.9% year over year. The figure missed the Zacks Consensus Estimate of $1.88 by 11.2%, mainly due to a sharp increase in jet fuel costs.

Quarterly revenues rose 25.7% year over year to $1.06 billion but missed the consensus mark of $1.07 billion by 0.6%. Passenger yields increased 8.7%, while revenue per available seat mile rose 7.9% year over year.

CPA's Segmental Revenue DetailsPassenger revenues, which accounted for 94.6% of the top line, increased 25.8% year over year to $1.00 billion. The upside was owing to a 15.7% increase in revenue passenger miles and an 8.7% increase in passenger yield. The improvement reflected higher traffic and stronger pricing across the network.

Cargo and mail revenues climbed 20.8% year over year to $34.18 million, owing to higher cargo volumes, which includes the full-year effect of a second freighter. Other operating revenues rose 32.4% year over year to $22.54 million, mainly owing to an increase in ConnectMiles revenues from non-air partners.

Copa's Traffic Growth Trails CapacityRevenue passenger miles, a measure of traffic, increased 15.7% year over year. Available seat miles, which measure capacity, rose at a faster rate of 16.5%.

As capacity growth outpaced traffic, load factor declined 0.6 percentage points from the year-ago reported quarter to 86.7%. Copa Holdings carried 4.14 million revenue passengers, up 14.9% year over year, while onboard passengers increased 15.1% year over year to 6.18 million.

Passenger revenue per available seat mile rose 8% year over year to 11.0 cents. Revenue per available seat mile (RASM) rose 7.9% year over year to 11.6 cents.

CPA's Fuel Bill Pressures MarginsOperating expenses surged 46.8% year over year to $967.68 million. Fuel expense more than doubled to $449.55 million as the average price per gallon jumped 84.8% year over year to $4.28 and consumption increased 14.2%.

The cost escalation reduced operating profit by 50% year over year to $91.66 million. Operating margin contracted 13.1 percentage points to 8.7%, while net margin fell 11.2 percentage points to 6.4%.

Copa Holdings Cost Discipline Limits Non-Fuel PressureCost per available seat mile, or CASM, increased 26% year over year to 10.6 cents because of the fuel-price spike. Excluding fuel, CASM edged down 0.1% year over year to 5.7 cents, reflecting disciplined control over the airline’s underlying cost base.

Wages, salaries, benefits and other employee expenses rose 7.4% year over year to $131.36 million. Depreciation and amortization increased 21.6% year over year, flight operations costs climbed 30.7%, and airport facilities and handling charges rose 19.6%.

CPA's Liquidity Supports Fleet ExpansionCopa Holdings ended June with $1.54 billion in cash, short-term investments and long-term investments. The total represented 39% of revenues over the trailing 12 months, while net debt to EBITDA stood at 0.9 times.

Net cash flow from operating activities totaled $617.90 million for the first six months of 2026. Investing activities used $799.51 million, including advance payments on aircraft purchase contracts and property and equipment spending.

Copa's Operations and Connectivity AdvanceThe company took delivery of four Boeing 737 MAX 8 aircraft during the quarter and ended June with a fleet of 131 aircraft. Copa Holdings posted an on-time performance of 90.6% and a flight completion factor of 99.8%.

The company operated its first aircraft equipped with Starlink Internet on July 4, 2026, and expects fleetwide installation by the first half of 2027. The airline also plans to shift from six to eight connecting banks at its Panama City hub beginning in March 2027.

CPA's Dividend Remains in FocusCopa Holdings’ board ratified a dividend payment of $1.71 per share for the third time in 2026.The dividend is scheduled for payment on Sept. 15, 2026, to shareholders of record as of Aug. 31.

The payment follows $140.66 million in dividends paid during the first half of 2026. CPA also used $45.00 million for share repurchases over the same period.

CPA’s 2026 OutlookDemand across the network continues to be strong, despite fuel prices being high and volatile as compared to prior-year levels. Based on demand trends and current fuel cost projections, Copa Holdings is updating its full-year 2026 outlook and now expects an operating margin in the range of 17% to 19% (prior view: 8% to 12%) and a capacity increase in ASMs within the range of 14% to 15% (prior view: 16%).Top of Form

For 2026, CPA’s management expects unit revenues (RASM) of 12 cents and a fuel price of $3.60 per gallon. The load factor for the current year is expected to be 87%. Non-fuel unit costs are anticipated to be 5.7 cents.

Copa Holdings expects to end 2026 with 132 (prior view: 133) aircraft and 2027 with 142 (prior view: 144) aircraft.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -12.39% due to these changes.

VGM ScoresAt this time, Copa Holdings has a average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of A on the value side, putting it in the top 20% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Copa Holdings has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
2026-08-24 18:10 16d ago
2026-08-24 13:47 16d ago
Volaris a Copa zlepšily červencovou obsazenost
CPAN Copa Holdings
FMP Stock News 78
Original source text
Key Takeaways Copa Holdings' July traffic rose 17.4%, outpacing 16.2% capacity growth and lifting load factor to 89.7%.Volaris' July traffic jumped 18.5% as capacity rose 14.4%, pushing load factor up 3 points to 87.9%.Ryanair carried 22.2 million passengers in July, up 7% year over year, while load factor held at 96%. The ongoing uncertainty in the Middle East has resulted in a sharp jump in oil prices. This upward movement in oil prices is naturally hurting the bottom line of airlines because fuel expenses represent a key input cost for airlines. With most U.S. carriers having abandoned fuel hedging strategies, such oil supply disruption has left them fully exposed to price spikes.

High labor costs continue to bother the bottom-line growth of airlines. With U.S. airlines grappling with labor shortages, the bargaining power of various labor groups has naturally increased. As a result, we have seen pay-hike deals being inked in the space.

Despite headwinds like high inflation, elevated fuel and labor costs, the industry has been benefiting from buoyant air travel demand, both on the domestic and international fronts. Upbeat passenger volumes have always been acting as a tailwind. Higher bookings contribute to the airlines’ top-line performance. Stocks in the Zacks Transportation - Airline industry have shown resilience, particularly among companies focusing on growth strategies and operational efficiency.

Given this backdrop, let’s take a look at the July 2026 traffic reports issued by Copa Holdings (CPA - Free Report) , LATAM Airlines Group (LTM - Free Report) , Controladora Vuela Compania de Aviacion (VLRS - Free Report) , also known as Volaris and Ryanair Holdings (RYAAY - Free Report) .

July 2026 Traffic Reports: CPA, LTM, VLRS, RYAAYCopa HoldingsBased in Panama City, Panama, Copa Holdings is gaining from upbeat passenger volumes. Driven by high passenger volumes, Copa Holdings’ revenue passenger miles (RPM: a measure of air traffic) improved on a year-over-year basis in July 2026.

To match the demand swell, CPA is increasing its capacity. In July, available seat miles (a measure of capacity) increased 16.2% year over year. RPM improved 17.4% year over year. Since traffic outpaced capacity expansion, the load factor (the percentage of seats filled by passengers) rose to 89.7% from 88.8% in July.

Copa Holdings currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

LATAM AirlinesLATAM Airlines reported a year-over-year increase in revenue passenger-kilometers (RPK: a measure of air traffic) for July 2026.

LATAM Airlines reported an 8.2% year-over-year increase in consolidated capacity, measured in available seat-kilometers (ASK). The uptick was driven by a 10.8% increase in international operations. During the month, LATAM Airlines launched its new long-haul routes connecting Sao Paulo (GRU), Brazil, with Punta Cana, Dominican Republic, and Cape Town, South Africa, making the latter LATAM group's second destination on the African continent. This was complemented by a 7.1% increase in domestic capacity offered by LATAM Airlines Brazil and a 1.6% increase in domestic operations of the affiliates in Chile, Colombia, Ecuador and Peru.

LTM’s consolidated traffic, measured in revenue passenger-kilometers (RPK), grew 5.6% year over year, owing to an 8.3% increase in international operations, followed by LATAM Airlines Brazil's domestic market, which recorded a 4.4% year-over-year increase.

In July 2026, LATAM Airlines transported 8.06 million passengers, an increase of 2% year over year. So far this year, LATAM Airlines has transported 52.04 million passengers across its network, reflecting an increase of 5.2% year over year. LATAM Airlines currently carries a Zacks Rank #3 (Hold).

VolarisMexican carrier, Volaris, recently reported a year-over-year increase in revenue passenger miles (RPMs), a measure of air traffic, for July.

VLRS reported a 14.4% year-over-year increase in consolidated capacity (measured in available seat miles).Consolidated traffic, measured in revenue passenger-miles (RPM), grew 18.5% year over year. Since traffic growth has outpaced capacity expansion, the load factor (percentage of seats filled by passengers) increased 3 percentage points year over year to 87.9%.

On the domestic front, RPMs increased 16% and ASMs (Available Seat Miles) increased 16.2% from the July 2025 levels. The domestic load factor in July was 90%, a decline of 0.2 percentage points from the year-ago levels.

Internationally, RPM increased 22.4% year over year, while ASM rose 11.9% year over year. Since traffic growth outpaced capacity expansion, the international load factor increased 7.3 percentage points on a year-over-year basis to 84.9%.

During July 2026, VLRS transported 3.31 million passengers, representing a 19.8% year-over-year increase.Volaris currently carries a Zacks Rank #3 (Hold).

Ryanair HoldingsEuropean carrier, Ryanair, reported solid traffic numbers for July 2026, driven by upbeat air-travel demand. The number of passengers transported on Ryanair flights was 22.2 million in July 2026, reflecting a 7% year-over-year increase. Apart from a year-over-year surge, RYAAY’s traffic in July was much more than the June reading of 21.2 million, May reading of 20.7 million, April reading of 19.3 million, March reading of 15.8 million, the February reading of 13.3 million and the January reading of 12.7 million, highlighting continued momentum from the beginning of the year.

Ryanair’s load factor remained flat year over year at 96% in July 2026, reflecting stable and consistent demand for the carrier’s services. It also improved from the load factor of 95% reported in both June and May 2026, 93% reported in both April and March 2026, 92% reported in February 2026 and 91% reported in January 2026.

RYAAY operated more than 1,20,800 flights in July 2026. This marks an improvement from 1,16,800 flights operated in June 2026, 1,14,000 flights operated in May 2026, 1,08,000 flights operated in April 2026, 88,000 flights operated in March 2026, 75,000 flights operated in February 2026 and 73,000 flights operated in January2026, reflecting expanded capacity to meet strong passenger demand. RYAAY currently carries a Zacks Rank #5 (Strong Sell).
2026-08-08 04:00 1mo ago
2026-08-07 22:04 1mo ago
Copa zvýšila tržby, zisk srazil drahý letecký benzín
CPAN Copa Holdings
FMP Stock News 92
Original source text
Copa Holdings May Be the Airline Stock Built to Break OutCopa NYSE: CPA reported second-quarter operating profit of $91.7 million and an operating margin of 8.7%, as sharply higher fuel costs weighed on results despite continued demand strength and a 16.5% increase in capacity.

Net profit totaled $68.2 million, or $1.67 per share, while net margin was 6.4%, according to CFO Peter Donkersloot. The company said its results reflected an 85% year-over-year increase in average all-in jet fuel prices, which rose to $4.28 per gallon from $2.32 per gallon in the second quarter of 2025.

Get Copa alerts:

5 High-Yield Stocks With Analyst Support and Room to Run“Our second quarter results demonstrate the resilience of our business model in a significantly higher fuel price environment,” Executive Chairman and CEO Pedro Heilbron said. He added that the company continues to expect high load factors and solid financial performance for the full year as booking trends remain strong.

Revenue Growth and Fuel-Price Pressure Operating revenue rose 25.7% from a year earlier to $1.1 billion. Passenger yields increased 8.7%, while revenue per available seat mile, or RASM, rose 7.9% to $0.116. Load factor was 86.7%, compared with 87.3% a year earlier.

MarketBeat Week in Review – 05/18 - 05/22Executive Vice President Robert Carey said the FIFA World Cup temporarily affected travel patterns during June. June load factor declined 2.3 percentage points year over year, creating modest pressure on unit revenue. Copa estimated that the event reduced second-quarter RASM by about $0.001.

Fuel costs were the principal factor behind the decline in profitability from the prior-year period. Operating margin was down from 21.7% in the second quarter of 2025. Donkersloot said roughly 40% of second-quarter bookings had already been sold before fuel prices increased, limiting the company’s ability to immediately pass the higher costs through to fares.

Still, stronger demand and higher yields enabled Copa to recover about 40% of the year-over-year increase in fuel expense during the quarter, according to the company. Excluding fuel, cost per available seat mile remained flat at $0.057. Including fuel, unit cost increased 26% to $0.106.

Demand Trends Support Updated Outlook Copa raised its full-year capacity outlook and now expects available seat miles to grow between 14% and 15% in 2026. The company projects a full-year operating margin of 17% to 19%, assuming a load factor of about 87%, RASM of $0.12, ex-fuel CASM of $0.0570, and an all-in fuel price of $3.60 per gallon.

Carey said the company was seeing approximately 10% RASM growth in the second half, with broadly similar year-over-year performance expected in the third and fourth quarters. As of the call, Copa was about 75% booked for the third quarter and about 25% sold for the fourth quarter.

July traffic figures supported management’s view of strong underlying demand. Copa reported a nearly 90% load factor during the month, one of its highest ever, while capacity increased 16% year over year. Carey said that load factor was achieved in a higher-yield environment.

During the analyst question-and-answer session, Heilbron said demand was healthy across Copa’s network rather than concentrated in a single region. He said Brazil and North America were somewhat stronger, but characterized differences across markets as marginal.

Heilbron also said the company believes some of the fare increases associated with elevated fuel prices can be sustained even if fuel costs decline. He noted that average yields in Copa’s region and network had been below 2019 levels before the increase in fuel prices, without accounting for inflation.

Network, Fleet and Hub Expansion Copa took delivery of four Boeing 737 MAX 8 aircraft during the quarter, ending the period with a fleet of 131 aircraft. The company expects one additional MAX 8 delivery during the remainder of 2026.

Management attributed the higher capacity forecast partly to aircraft deliveries arriving on time or slightly ahead of schedule, faster deployment of those aircraft and increased utilization. The company expects 12 aircraft deliveries in 2027, offset by the planned retirement of two Boeing 737-700 aircraft undergoing 20-year maintenance checks.

Copa also plans to launch service to Porlamar, Isla Margarita, Venezuela, in November. The addition will bring the company’s network to 88 destinations in 32 countries across the Americas. Heilbron said Copa expects to announce an 89th destination before the end of August, with service planned to begin in December.

Beginning in March 2027, Copa will transition its Panama City hub from six to eight connecting banks. Management said the change is intended to improve connectivity, increase aircraft utilization and make more efficient use of airport infrastructure. Carey said the revised structure should create additional capacity for growth while keeping average connection times broadly unchanged.

The company also began operating Starlink-equipped flights in July, becoming the first airline in Latin America to offer the high-speed internet service, according to Copa. The airline expects the fleetwide rollout to be completed in the first half of 2027. Business-class travelers, preferred members at the Gold, Platinum and Presidential levels, and Starlink subscribers will receive complimentary access, while other passengers will pay for the service.

Balance Sheet and Shareholder Returns Copa ended the quarter with approximately $1.5 billion in cash and investments, equal to 39% of trailing 12-month revenue. Total debt, including lease liabilities, was about $2.7 billion, all related to aircraft financing. The company reported an average debt cost of 3.7% and a net debt-to-EBITDA ratio of 0.9 times.

The board ratified a quarterly dividend of $1.71 per share, payable Sept. 15 to shareholders of record as of Aug. 31. Donkersloot also said Copa had executed $45 million of its authorized share repurchase program year to date, with about $60 million remaining under the current authorization.

About Copa (NYSE:CPA)Copa Holdings, SA NYSE: CPA is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Copa Right Now?Before you consider Copa, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Copa wasn't on the list.

While Copa currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

Get This Free Report
2026-08-05 23:04 1mo ago
2026-08-05 17:00 1mo ago
Copa Holdings zvýšila celkové provozní tržby, čistý zisk klesl
CPAN Copa Holdings
FMP Stock News 92
Original source text
August 05, 2026 17:00 ET  | Source: Copa Holdings, S.A.

PANAMA CITY, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Copa Holdings1, S.A. (NYSE: CPA), today announced financial results for the second quarter (2Q26), reflecting the resilience of the Company's business model and disciplined execution amid a significantly higher jet fuel price environment. Key highlights include:

Operating profit of US$91.7 million and an operating margin of 8.7%, a 13.1 percentage point decrease year over year.Net profit of US$68.2 million or US$1.67 per share, a 53.9% year‑over‑year decrease in earnings per share.Operating revenue increased 25.7% year over year.Passenger yields increased 8.7% year over year to 12.6 cents, and revenue per available seat mile (RASM) increased 7.9% to 11.6 cents compared to 2Q25, while capacity in ASMs increased by 16.5% year over year.Load factor of 86.7%, compared to 87.3% in 2Q25.Operating cost per available seat mile excluding fuel (Ex-Fuel CASM) decreased 0.1% year over year to 5.7 cents.The Company ended the quarter with approximately US$1.5 billion in cash, short-term and long-term investments, which represent 39% of the last twelve-month revenues.The Company ended 2Q26 with a Net Debt-to-EBITDA ratio of 0.9x.During the quarter, the Company took delivery of 4 Boeing 737-MAX 8 aircraft to end the quarter with a total fleet of 131 aircraft.Copa Airlines had an on-time performance for the quarter of 90.6% and a flight completion factor of 99.8%, once again positioning the airline among the best in the industry. Subsequent events

On August 5, 2026, the Board of Directors of Copa Holdings ratified its third dividend payment for the year of US$1.71 per share. Dividends will be paid on September 15, 2026, to shareholders on record as of August 31, 2026.On July 4, 2026, Copa Airlines operated its first flight equipped with Starlink onboard internet, becoming the first airline in Latin America to offer high-speed Starlink connectivity. The Company expects to complete the installation of Starlink Wi-Fi across its entire fleet by the first half of 2027.In July, Copa Airlines published schedules reflecting its transition from six to eight connecting banks at its Hub of the Americas® in Panama City. This new bank structure, starting in March 2027, will provide passengers with greater flight options and improved connectivity while increasing aircraft utilization and better use of airport facilities, thereby further consolidating the leadership position of the Hub of the Americas® in the region. __________________________________
1 The terms “Copa Holdings” and the “Company” refer to the consolidated entity. The financial information presented in this release, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the second quarter of 2025 (2Q25).

Full 2Q26 Earnings Release available for download at:

ir.copaair.com/financial-information/quarterly-results

Conference Call and Webcast

The Company will hold its financial results conference call tomorrow at 11am ET (10am local). Details follow:

About Copa Holdings

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to over 30 countries in North, Central, and South America and the Caribbean. For more information, visit: www.copaair.com.

Investor Relations
[email protected]

Cautionary statement regarding forward-looking statements

This release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates, and expectations, and are not guarantees of future performance. They are based on management’s expectations that involve several business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement. The risks and uncertainties relating to the forward-looking statements in this release are among those disclosed in Copa Holdings’ filed disclosure documents and are, therefore, subject to change without prior notice.

CPA-G

 Copa Holdings, S. A. and Subsidiaries
Consolidated Operating and Financial Statistics                 2Q26 2Q25 % Change 1Q26 % Change YTD26 YTD25 % ChangeRevenue Passengers Carried (000s)4,138  3,600  14.9% 4,096  1.0% 8,234  7,112  15.8%Revenue Passengers OnBoard (000s)6,176  5,366  15.1% 6,014  2.7% 12,190  10,574  15.3%RPMs (millions)7,936  6,859  15.7% 7,755  2.3% 15,691  13,602  15.4%ASMs (millions)9,150  7,856  16.5% 8,892  2.9% 18,042  15,657  15.2%Load Factor86.7% 87.3% -0.6 p.p 87.2% -0.5 p.p 87.0% 86.9% 0.1 p.pYield (US$ Cents)12.6  11.6  8.7% 12.9  (2.4)% 12.8  12.2  5.0%PRASM (US$ Cents)11.0  10.1  8.0% 11.3  (3.0)% 11.1  10.6  5.1%RASM (US$ Cents)11.6  10.7  7.9% 11.8  (2.2)% 11.7  11.1  5.2%CASM (US$ Cents)10.6  8.4  26.0% 8.9  18.5% 9.8  8.6  13.7%CASM Excl. Fuel (US$ Cents)5.7  5.7  (0.1)% 5.8  (1.5)% 5.7  5.7  (0.6)%Fuel Gallons Consumed (millions)105.0  91.9  14.2% 102.7  2.3% 207.6  182.8  13.6%Avg. Price Per Fuel Gallon (US$)4.28  2.32  84.8% 2.73  56.8% 3.51  2.43  44.8%Average Length of Haul (miles)1,918  1,905  0.7% 1,893  1.3% 1,906  1,912  (0.4)%Average Stage Length (miles)1,255  1,231  2.0% 1,260  (0.4)% 1,257  1,245  1.0%Departures44,301  38,985  13.6% 43,033  2.9% 87,334  76,814  13.7%Block Hours142,113  122,526  16.0% 138,479  2.6% 280,592  244,137  14.9%Average Aircraft Utilization (hours)12.1  11.9  1.4% 12.2  (1.0)% 12.2  12.0  1.4%                         Copa Holdings, S. A. and Subsidiaries
Consolidated statement of profit or loss
(In US$ thousands)                   Unaudited Unaudited % Unaudited % Unaudited Unaudited %  2Q26 2Q25 Change 1Q26 Change YTD26 YTD25 ChangeOperating Revenues                Passenger revenue 1,002,609  797,266  25.8% 1,004,173  (0.2%) 2,006,782  1,656,291  21.2%Cargo and mail revenue 34,183  28,307  20.8% 29,760  14.9% 63,944  54,001  18.4%Other operating revenue 22,541  17,031  32.4% 18,490  21.9% 41,031  31,493  30.3%Total Operating Revenue 1,059,334  842,604  25.7% 1,052,423  0.7% 2,111,757  1,741,785  21.2%                 Operating Expenses                Fuel 449,552  214,106  110.0% 282,462  59.2% 732,013  446,266  64.0%Wages, salaries, benefits and other employees' expenses 131,364  122,289  7.4% 137,670  (4.6%) 269,034  239,807  12.2%Passenger servicing 29,028  25,190  15.2% 28,135  3.2% 57,162  50,214  13.8%Airport facilities and handling charges 77,315  64,652  19.6% 79,184  (2.4%) 156,499  130,309  20.1%Sales and distribution 57,388  49,429  16.1% 54,812  4.7% 112,200  99,691  12.5%Maintenance, materials and repairs 42,071  36,158  16.4% 46,612  (9.7%) 88,682  75,592  17.3%Depreciation and amortization 107,539  88,440  21.6% 100,726  6.8% 208,266  174,724  19.2%Flight operations 42,825  32,766  30.7% 41,104  4.2% 83,930  66,515  26.2%Other operating and administrative expenses 30,593  26,329  16.2% 23,083  32.5% 53,676  61,602  (12.9%)Total Operating Expense 967,676  659,359  46.8% 793,787  21.9% 1,761,463  1,344,719  31.0%                 Operating Profit/(Loss) 91,658  183,245  (50.0%) 258,636  (64.6%) 350,294  397,067  (11.8%)Operating Margin 8.7% 21.7% -13.1 p.p 24.6% -15.9 p.p 16.6% 22.8% -6.2 p.p                 Non-operating Income (Expense):                Finance cost (28,179) (23,285) 21.0% (25,837) 9.1% (54,017) (46,518) 16.1%Finance income 16,533  15,377  7.5% 16,083  2.8% 32,616  31,170  4.6%Gain (loss) on foreign currency fluctuations (858) 910  nm 1,518  nm 660  2,280  (71.0%)Net change in fair value of derivatives (1,040) (1,688) (38.4%) (1,066) (2.5%) (2,106) (4,122) (48.9%)Other non-operating income (expense) (832) (397) 109.6% (2,279) (63.5%) (3,111) 1,031  nmTotal Non-Operating Income/(Expense) (14,377) (9,083) 58.3% (11,581) 24.1% (25,958) (16,160) 60.6%                 Profit before taxes 77,282  174,162  (55.6%) 247,054  (68.7%) 324,336  380,906  (14.9%)                 Income tax expense (9,107) (25,253) (63.9%) (34,588) (73.7%) (43,694) (55,231) (20.9%)                 Net Profit/(Loss) 68,175  148,908  (54.2%) 212,467  (67.9%) 280,642  325,675  (13.8%)Net Margin 6.4% 17.7% -11.2 p.p 20.2% -13.8 p.p 13.3% 18.7% -5.4 p.p                 EPS                Basic Earnings Per Share (EPS) 1.67  3.61  -53.9% 5.16  -67.7% 6.84  7.89  -13.4%                 Shares for calculation of Basic EPS (000s) 40,905  41,246  -0.8% 41,183  -0.7% 41,043  41,269  -0.5%                           Copa Holdings, S. A. and Subsidiaries
Consolidated statement of financial position
(In US$ thousands)
       June 2026 December 2025ASSETS (Unaudited) (Audited)Cash and cash equivalents 266,825  382,554 Short-term investments 996,411  955,604 Total cash, cash equivalents and short-term investments 1,263,236  1,338,159 Accounts receivable, net 217,862  194,425 Accounts receivable from related parties 3,495  3,217 Expendable parts and supplies, net 155,225  148,127 Prepaid expenses 84,268  55,209 Prepaid income tax 7,530  6,172 Other current assets 30,615  32,769   498,994  439,919 TOTAL CURRENT ASSETS 1,762,231  1,778,078 Long-term investments 280,188  248,579 Long-term prepaid expenses 5,748  5,434 Property and equipment, net 4,687,049  4,120,055 Right of use assets 263,880  296,761 Intangible, net 104,418  104,071 Net defined benefit assets 3,806  3,220 Deferred tax assets 21,074  19,873 Other Non-Current Assets 9,101  6,952 TOTAL NON-CURRENT ASSETS 5,375,264  4,804,946 TOTAL ASSETS 7,137,495  6,583,024 LIABILITIES    Loans and borrowings 202,245  172,885 Current portion of lease liability 68,349  66,132 Accounts payable 207,122  164,320 Accounts payable to related parties 1,279  1,333 Air traffic liability 875,027  737,616 Frequent flyer deferred revenue 167,970  155,584 Taxes Payable 80,132  62,931 Accrued expenses payable 46,298  66,016 Income tax payable 5,340  11,929 Other Current Liabilities 3,067  1,361 TOTAL CURRENT LIABILITIES 1,656,829  1,440,107      Loans and borrowings long-term 2,069,350  1,807,556 Lease Liability 224,871  258,383 Deferred tax Liabilities 58,279  59,217 Other long - term liabilities 255,189  242,337 TOTAL NON-CURRENT LIABILITIES 2,607,689  2,367,494 TOTAL LIABILITIES 4,264,518  3,807,600 EQUITY    Class A - 34,288,050 issued and 29,881,298 outstanding 23,329  23,290 Class B - 10,938,125 7,466  7,466 Additional Paid-In Capital 222,940  220,190 Treasury Stock (345,147) (300,143)Retained Earnings 2,699,685  2,168,911 Net profit 280,642  671,648 Other comprehensive loss (15,939) (15,939)TOTAL EQUITY 2,872,977  2,775,423 TOTAL EQUITY LIABILITIES 7,137,495  6,583,024   Copa Holdings, S. A. and Subsidiaries
Consolidated statement of cash flows
For the six months ended
(In US$ thousands)
         2026
 2025
 (Unaudited) (Unaudited)Net cash flow from operating activities 617,897   484,282 Investing activities   Net Acquisition of Investments (71,640)  (294,697)Net cash flow related to advance payments on aircraft purchase contracts (340,399)  (60,204)Acquisition of property and equipment (375,769)  (390,502)Proceeds from sale of property and equipment 118   26,448 Acquisition of intangible assets (11,823)  (14,342)Net cash flow used in investing activities (799,513)  (733,297)Financing activities   Proceeds from new borrowings 377,005   165,000 Payments on loans and borrowings (93,082)  (122,890)Payment of lease liability (32,371)  (28,504)Share repurchase (45,004)  (8,706)Dividends paid (140,661)  (133,027)Net cash flow from/(used in) financing activities 65,887   (128,127)Net (decrease) in cash and cash equivalents (115,729)  (377,142)Cash and cash equivalents as of January 1 382,554   613,313 Cash and cash equivalents as of June 30,$266,825  $236,171     Short-term investments 996,411   764,137 Long-term investments 280,188   368,332 Total cash and cash equivalents and investments as of June 30,$1,543,424  $1,368,640      Copa Holdings, S. A. and Subsidiaries
Non-IFRS Financial Measures Reconciliation

This press release includes the following non-IFRS financial measures: Operating CASM Excluding Fuel and Net Debt to EBITDA. This supplemental information is presented because we believe it is a useful indicator of our operating performance and is useful in comparing our performance with other companies in the airline industry. These measures should not be considered in isolation and should be considered together with comparable IFRS measures, in particular operating profit, and net profit. The following is a reconciliation of these non-IFRS financial measures to the comparable IFRS measures:

               Reconciliation of Operating Costs per ASM              Excluding Fuel (CASM Excl. Fuel)2Q26
 2Q25
 1Q26
 YTD26
 YTD25
               Operating Costs per ASM as Reported (in US$ Cents)10.6  8.4  8.9  9.8  8.6 Aircraft Fuel Cost per ASM (in US$ Cents)4.9  2.7  3.2  4.1  2.9 Operating Costs per ASM excluding fuel (in US$ Cents)5.7  5.7  5.8  5.7  5.7  Reconciliation of Net Debt to EBITDA2Q26
 2Q25
 1Q26
         Net Debt$1,021,390  $682,680  $893,509          LTM Operating Profit/(Loss) (in US$ thousands)$772,187  $774,526  $863,774 LTM Depreciation and amortization (in US$ thousands)$398,678  $342,606  $379,579 LTM EBITDA (in US$ thousands)$1,170,865  $1,117,132  $1,243,353          Net Debt to EBITDA 0.9   0.6   0.7             

ir.copaair.com copaair.com
2026-08-04 23:00 1mo ago
2026-08-04 17:00 1mo ago
Copa Holdings v červenci zvýšila kapacitu i přepravu
CPAN Copa Holdings
FMP Stock News 72
Original source text
PANAMA CITY, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for July 2026:

Copa Holdings (Consolidated)July
2026July
2025% ChangeASM (mm)(1)3,316.7 2,854.8 16.2% RPM (mm)(2)2,973.6 2,533.7 17.4% Load Factor(3)89.7% 88.8% 0.9p.p.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flown by revenue passengersLoad factor - represents the percentage of aircraft seating capacity that is utilized
For July 2026, Copa Holdings' capacity (ASMs) increased by 16.2%, while system-wide passenger traffic (RPMs) increased by 17.4% compared to 2025. As a result, the system load factor for the month was 89.7%, 0.9 percentage points higher than in July 2025.

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit ir.copaair.com.

CPA-G

Investor Relations
[email protected]
2026-07-14 21:25 1mo ago
2026-07-14 17:00 1mo ago
Copa Holdings v červnu zvýšila kapacitu i přepravu
CPAN Copa Holdings
FMP Stock News 78
Original source text
PANAMA CITY, July 14, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for June 2026:

Copa Holdings (Consolidated)June
2026June
2025% ChangeASM (mm)(1)3,090.8 2,654.3 16.4% RPM (mm)(2)2,631.8 2,322.3 13.3% Load Factor(3)85.2% 87.5% -2.3p.p.       Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flown by revenue passengersLoad factor - represents the percentage of aircraft seating capacity that is utilized
For June 2026, Copa Holdings' capacity (ASMs) increased by 16.4%, while system-wide passenger traffic (RPMs) increased by 13.3% compared to 2025. As a result, the system load factor for the month was 85.2%, 2.3 percentage points lower than in June 2025.

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit ir.copaair.com.

CPA-G

Investor Relations
[email protected]
2026-06-30 00:20 2mo ago
2026-06-29 19:15 2mo ago
Copa Holdings klesla, trh čeká EPS 1,9 USD
CPAN Copa Holdings
FMP Stock News 72
Original source text
In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.

Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.

The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.

Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.

Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.

The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.