Copa 2Q Net Profit Down 15% On Fuel Costs

Credit: Rob Finlayson
Panama-based Copa Holdings posted a second-quarter 2018 net profit of $49.9 million, down 15% from $58.6 million in 2Q 2017, on the combined effects of rising fuel costs, weakened currencies in Brazil and Argentina, and a 90-day halt on all Copa flights to Caracas, Venezuela.Copa is the parent...

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