All Copa Airlines articles – Page 2
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NewsCopa struggles in Q3 amid travel restrictions
Panama’s Copa Airlines struggled during the third quarter as ongoing strict travel restrictions almost completely shut down the airline for the first 45 days of the period.
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News
Airlines gear up to return Boeing 737 Max into fleet
American Airlines will lead the way in bringing the newly re-certificated Boeing 737 Max aircraft back into its schedule after the Federal Aviation Administration gave the jet the green light to start flying again.
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In depth
Latin American aviation’s coronavirus slumber far from over
As the global aviation industry gets used to the idea that a rebound may take three years, the sector in Latin America is looking at a particularly difficult recovery, as airlines report staggering losses, borders remain closed and governments continue withholding aid.
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News
Copa’s second-quarter results shattered by travel restrictions
Copa Holdings, the parent of Panama City-based Copa Airlines, reported a second-quarter loss of $386 million as the coronavirus, coupled with numerous government-imposed measures to stop its spread, decimated the company’s business.
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News
US DOT fines Copa $450,000 for flying passengers between the US and Venezuela
The US Department of Transportation (DOT) has fined Panama-headquartered Copa Airlines $450,000 for “unlawfully transporting passengers” between the USA and Venezuela.
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News
Copa net profit jumps as Max crisis drags on
Higher travel demand and low fuel costs offset lost revenue opportunities as Panama’s Copa Airlines continues to post strong earnings even while struggling with the ongoing effects of the Boeing 737 Max crisis.
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News
Copa expedites E190 retirements as it eagerly awaits Max return
Copa Airlines will be phasing out its Embraer E190 aircraft and moving to a Boeing-only fleet faster than originally expected, while eagerly awaiting the Boeing 737 Max’s return to service, the Panama-based carrier tells analysts in the airline’s quarterly earnings call.
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News
Latin American airlines embrace equity ties with larger carriers
Leaders of Latin American carrier expressed optimism on 28 October about the increasingly common joint ventures and airline-airline equity investments, while also downplaying regional challenges as workaday hurdles.
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News
737 Max grounding slows Latin American airline expansion
Just like elsewhere in the world, the grounding of the Boeing 737 Max has stymied airline industry growth in Latin America, a region long home to some of Seattle-based Boeing s top customers.
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News
Copa chief says three-way JV behind schedule
The paperwork for anti-trust immunity for a joint venture between United Airlines, Panama's Copa Airlines and Colombia's Avianca will likely not be filed with regulators until next year, thus pushing back a potential start for the project to 2021 at the earliest, Copa's chief executive Pedro Heilbron said at the ...
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News
Copa mandates MUFG for JOLCO funding
Copa Airlines will fund eight Boeing narrowbodies delivering this year with Japanese operating leases with call option.
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News
Delta tops FlightGlobal's on-time performance ranking for 2018
Delta Air Lines has been named the world's most punctual major international airline during 2018 by FlightGlobal, incorporating FlightStats.
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News
Avianca, Copa and United reach joint venture accord
Avianca, Copa Airlines and United Airlines have reached an accord on an immunised joint venture that will see them cooperate on flights between Latin America and the USA.
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Analysis
ANALYSIS: Are Latin American carriers jumping for JOLCOs?
Latin American carriers have few issues accessing capital for their funding needs, despite various macroeconomic issues that continue to plague pockets of the region.
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News
Copa sees 2020 timeframe for launch of JV with Avianca and United
Copa Airlines chief executive Pedro Heilbron expects a planned three-way joint venture with Avianca and United Airlines to go into effect in end-2020 "at best", underlining the several rounds of regulatory approvals needed for the deal.
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News
PICTURES: Copa debuts new business class on first 737 Max 9
Copa Airlines has unveiled its first Boeing 737 Max 9, featuring the airline's first lie-flat seats in business class and a new economy extra section.
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Interview
INTERVIEW: Pedro Heilbron, chief executive, Copa Airlines
Copa Airlines chief executive Pedro Heilbron is somewhat of an anomaly in the airline sector. While other airline leaders have come and gone through industry consolidation, geopolitical challenges and global economic downturns, Heilbron has remained at the helm of Copa for 30 years, steering what is arguably the most consistently ...
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News
PICTURE: Copa to formally unveil 737 Max 9 on 18 September
Copa Airlines will put its new Boeing 737 Max 9 into service on 18 September, having taken delivery of its first aircraft at the end of August.
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News
Copa confident in regulatory approval of three-way JV
Copa Airlines says it had been in discussions with United Airlines and Avianca for a potential joint venture "for quite some time", as it reiterates confidence that any deal would attain regulatory approval amid heightened joint venture activity in Latin America.
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News
Copa joins joint venture talks with Avianca and United
Copa Airlines has been added to talks for a potential joint business involving Avianca and United Airlines, strengthening a possible partnership that would be better positioned to compete with similar tie-ups emerging in Latin America.
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