Copa plans to return to a six-bank operating structure at its Panama City Tocumen hub in June to drive greater efficiency as it continues to face an uneven recovery from the coronavirus pandemic.
After battling headwinds during the first quarter from a second wave of COVID-19 infections in Brazil, Azul is seeing positive signs for a rebound in demand as its home country’s vaccination rates increase.
The ULCC is rightfully boasting that it could be the first U.S. operator to fully recover and its market capitalization has already surpassed pre-pandemic levels.