Surcharges Boost Copa’s 1Q Yields, Prompt Improved Guidance For 2011

Strong yields and a strict adherence to its growth plan produced an operating margin of almost 24% for Copa Holdings in the first quarter, a result almost unheard of across the rest of the industry. Net income in the March quarter more than doubled to $94.4 million on a 24.7% rise in revenue to $423...

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