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