CPA - Copa Holdings Gains as Passenger Revenue Outpaces Higher Unit Costs
Having appreciated 38% year to date, shares of airline Copa Holdings (NYSE: CPA) have outperformed those of most of its legacy and low-cost carrier peers so far in 2019. A localized focus on the Latin American market and manageable exposure to the grounded Boeing 737 MAX are two factors that have made Copa a popular choice among airline investors this year. Let's review below the company's third-quarter report, which was released after the close of trading on Wednesday. Note that all comparative numbers refer to those of the prior-year quarter.
Data source: Copa Holdings.
Image source: Getty Images.