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Copa Holdings reports 32 percent increase in fourth-quarter net to $92.8 million

Friday, February 11, 2011


Copa Holdings, the parent company of Panamanian carrier Copa Airlines, reported a 32 percent increase in fourth-quarter profit.

New York-listed Copa reported net income of $92.8 million, or $2.11 per share.

"Consolidated passenger traffic grew 18.6 percent while capacity increased 19.6 percent," Copa said in a statement.

 

Original source: Reuters