Copa Holdings is one the sectors most profitable

Copa Holdings earned $30.4 million in the second trimester of 2008, 1.5% less than recorded earnings for the same period in 2007.

Friday, August 15, 2008

The management of the company, which holds Copa Airlines and AeroRepublica, was very satisfied with the figures.
The company "has remained one of the most profitable airline companies on the planet," management pointed out.



More on this topic

Copa Holding Profits Down 49%

May 2010

Copa’s net income for the first quarter of 2010 was $36.7 million, 49% less than the same period of 2010.

Copa Holdings S.A., the parent of Panama-based Copa Airlines and Colombia-based Aero República, said its first-quarter net income fell 49 percent to $36.7 million, hit by currency charges and higher fuel costs. The results compared to a net profit of $71.6 million, in the same period a year earlier.

Salvadoran Banking Profits Down 13%

March 2009

In 2008, banking generated $128.3 million in earnings, $19.7 million less than the $148 million generated in 2007.

The statistics reported by the Salvadoran Banking Association indicated that the Industrial Bank was the one that had the most earnings last year, but it suffered a drop of $10 million in profits.

Copa Holdings Increases Profits 46%

February 2009

Copa Holdings S.A., a holding company of Copa Airlines y Aero República, gained $51.9 in the fourth quarter of 2008, 46.1% more than the same period of 2007.

The operating revenue of the business, which lists in the New York Stock Exchange under the ticker CPA, were $84 million -an increase of 95.5% in comparison with $43 million obtained in the last quarter of 2007.

Panama: Bank profits surpass $1 billion

January 2009

Up to November 2008 there was an increase of 19% compared to the same period in 2007, according to information from the Banking Superintendence.

Prensa.com reports on its website that "Under this item, the most important for any business, an upward trend has been observed since 2000, with two exceptions.

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