Why Investors Should Hold Copa Holdings (CPA) Stock for Now

Copa Holdings, S.A. (CPA) top line is benefiting from upbeat air-travel demand. Fleet-upgrade efforts also bode well for Copa Holdings. However, the company is grappling with low liquidity and higher expenses. CPA exited 2023 and the first quarter of 2024 with a fleet of 106 planes – 67 Boeing 737-800s, 29 Boeing 737 MAX 9s, nine Boeing 737-700s and one Boeing 737-800 freighter. Copa Holdings expects to end 2024 with 115 aircraft. CPA's liquidity position is a concern. Cash and cash equivalent of $170.52 mi ...