CPA Stock Recent News
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Copa Holdings (CPA) reports a load factor of 86.6% in June 2024.
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PANAMA CITY , July 10, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for June 2024: Operating Data June 2024 June 2023 % Change Copa Holdings (Consolidated) ASM (mm) (1) 2,521.9 2,244.7 12.3 % RPM (mm) (2) 2,185.1 1,949.0 12.1 % Load Factor (3) 86.6 % 86.8 % -0.2 p.p.
Copa Holdings (CPA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Copa Holdings (CPA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
PANAMA CITY, July 8, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) announces the following events: Earnings Release – Second Quarter 2024 Date: August 7, 2024 Time: After US market close This release will be available on our website: https://copa.gcs-web.com/financial-information/quarterly-results Earnings Conference Call and Webcast Date: August 8, 2024 Time: 11:00 AM US ET (10:00 AM Local Time) Join by phone: https://register.vevent.com/register/BIaa69ad95e8754597ac5a227df82cb25e Webcast (listen-only): https://copa.gcs-web.com/events-and-presentations Speakers: Pedro Heilbron, Chief Executive Officer José Montero, Chief Financial Officer We encourage our listeners to join the conference via webcast.
It's that time of year again: summer, when U.S. travel companies experience their busiest months due primarily to increased planned vacations among consumers. Airline fares during the month of May fell by 6% compared to a year ago, which could lead to an increased number of passenger airline ticket sales, especially during this very busy time of year.
Improved air-travel demand and fleet modernization efforts bode well for Copa Holdings (CPA). Low liquidity & rising expenses pose a threat to the bottom line.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Despite inflation in the sectors that supply the aviation industry, the overall success of airlines' rebound from the pandemic-era travel troubles has led to a bustling travel industry. As such, it appears the airline stocks to buy now have dedicated customer bases serving critical regional and international routes.