Tag Archives: AeroRepublica

Aero Republica becomes Copa Airlines Colombia

Copa Holdings (Panama City) announced that as of October 6, the Colombian airline Aero Republica (Bogota) will operate as Copa Airlines Colombia.

 

 

Copa Holdings reports 1Q net income of $36.7 million

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Copa Holdings, S.A. (Panama City), parent company of Copa Airlines and AeroRepublica, reported net income of $36.7 million (US) for the first quarter, or diluted earnings per share (EPS) of $0.84. Excluding special items, which for 1Q10 included a $19.8 million charge related to the devaluation of the Venezuelan currency and a $0.4 million non-cash charge associated with the mark-to-market of fuel hedge contracts, Copa Holdings would have reported an adjusted net income of $56.9 million, or $1.29 per share, compared to an adjusted net income of $55.5 million or $1.26 per share for 1Q09.