COPA's Winning Strategy

In 70% of its routes, COPA has no competition. The Panamanian airline flies to destinations not covered by the major regional airlines such as TAM and LAN.

Wednesday, April 29, 2009

The company prefers to fly to destinations that are not too popular, where the passengers waiting to board are not many more than 50. And while the airline industry in general is suffering from the effects of the crisis and the balance sheets of the airlines are registering losses or marginal profits in the best case, COPA had operating margins of 17.4% in 2008.

In March 2009 COPA’s traffic rose by 9.3% compared with March 2008, after an increase of 9.5% in February. In January, the month that is usually the highest in sales, the increase reached 15% over January 2008.

The article from Investor.com included the views form analyst Stephen Trent of Citigroup Investment Research, who said: "This Company has profit margins that go off the charts. It is very difficult to hear that a carrier has double-digit gains."

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Since 2006 the company has been buying companies that make juices, beers, nectars and milk, firming up its plans to become a total beverage company.

Gisela Sanchez, director of corporate affairs for Florida Ice & Farm (Fifco), defines the company’s main objective: "Florida wants to become a total beverage company."

Secrets to Success in the Business World

September 2010

Very important reading. Five tips from Richard Branson, the successful founder of Virgin Airlines, about how to succeed in the business world.

Born in 1950, Branson, started his first company ( a magazine named "Student") when he was 16 years old. At his 20's he started a mail delivery company activated by audio and when he was 20 he created Virgin Records, a music store chain.

"If everybody does it, it must be good"

July 2009

It's not always like that. If you have an idea that makes sense to you, get on with it, even if it's against what most people think.

Two economists see a $20 bill lying in the sidewalk. The first one says: "Ohh, a $20 bill". The second answers: "That can’t really be a $20 bill lying there, because if it were, someone would have picked it up already". So they walk on, leaving the $20 bill undisturbed.

Panamanian Retailers Avoid Crisis

May 2009

With the exception of car sales, retail trade in Panama has not been affected by the economic crisis.

Although collection of the tax levied on personal property transfers was not good in January and February, the tide began to turn in March, which closed the first quarter of 2009 with a 19.3% increase over the same period last year.

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