Copa Holdings' (CPA) top line benefits from the increased air-travel demand. The company's proactive measures to expand its fleet are praiseworthy. However, CPA's financial stability, challenged by escalated operating expenses, is hurting the company's bottom line. Factors Favoring CPA Stock CPA's top line is bolstered by upbeat air-travel demand. To match this increased demand scenario, CPA has increased its capacity. In August, available seat miles (a measure of capacity) increased 8.2% year over year. Re ...

Shares of Copa Holdings, S.A. (CPA) have not had a good time on the bourses of late, declining in doubledigits year to date. The disappointing price performance resulted in CPA underperforming its industry in the said time frame. Additionally, CPA's price performance compares unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Alaska Air Group, Inc. (ALK) in the same time frame. YTD Price Comparison Zacks Investment Research Image Source: Given the significant pullback in CPA's ...

Copa Holdings, S.A. (CPA) reported traffic numbers for August 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) improved on a year-over-year basis in August. To match the demand swell, CPA is increasing its capacity. In August, available seat miles (a measure of capacity) increased 8.2% year over year. Revenue passenger miles increased 5.8% year over year. Although traffic improved on a year-over-year basis, it failed to outpace ca ...

PANAMA CITY, September 11, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for August 2024: | --- | --- | --- | |------------------------------|--------------|-------------------------| | Operating Data | August 2024 | August 2023 % Change | | Copa Holdings (Consolidated) | | | | ASM (mm) (1) | 2,603.4 | 2,407.1 8.2 % | | RPM (mm) (2) | 2,215.2 | 2,093.3 5.8 % | | Load Factor (3) | 85.1 % | 87.0 % -1.9 p.p. | 1. Available seat miles - represents t ...

A month has gone by since the last earnings report for Copa Holdings (CPA) . Shares have added about 2.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Copa Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copa Holdings Beats on Q2 Earnings Copa Holding ...

The Zacks Airline industry has been benefiting from buoyant air travel demand, both on the domestic as well as international front. Upbeat passenger volumes have always been acting as a tailwind. Higher bookings contribute to the airlines' top-line performance. While air travel demand is particularly strong on the leisure front, business travel has also made an encouraging comeback. Partly due to these tailwinds, we believe the Zacks Airline industry has risen 13.5% so far this year, outperforming the 2.9% ...

Copa Holdings' (CPA) prospects are being hurt by high fuel and labor expenses. Weakness pertaining to passenger yield and cargo revenues represents another headwind. Let's delve deeper to unearth the factors responsible for making CPA stock an unattractive investment option. Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 19.1% downward in the past 60 days. For the current year, the consensus mark for earnings has moved 10.4% south in the same ...

Copa Holdings, S.A. (CPA) reported solid traffic numbers for July 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) rose in double digits in July on a year-over-year basis. To match the demand swell, CPA is increasing its capacity. In July, available seat miles (a measure of capacity) increased 11.3% year over year. Revenue passenger miles increased 9.5% from the year-ago quarter. Although traffic improved on a year-over-year basis ...

PANAMA CITY, Aug. 12, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for July 2024: | --- | --- | --- | --- | |------------------------------|------------|-------------|-------------| | | | | | | Operating Data | July 2024 | July 2023 | % Change | | Copa Holdings (Consolidated) | | | | | ASM (mm) (1) | 2,684.7 | 2,412.411.3 | % | | RPM (mm) (2) | 2,350.8 | 2,147.29.5 | % | | Load Factor (3) | 87.6 | %89.0 | % -1.4 p.p. | 1. Available seat miles - ...

Copa Holdings, S.A. (NYSE:CPA) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Daniel Tapia - Director-Investor Relations Pedro Heilbron - Chief Executive Officer Jose Montero - Chief Financial Officer Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Guilherme Mendes - JPMorgan Stephen Trent - Citi Joao Fritz - Goldman Sachs Michael Linenberg - Deutsche Bank Alberto Valerio - UBS Daniel McKenzie - Seaport Global Tom Fitzgerald - TD Cow ...