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 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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