Latest news with #CopaHoldings
Yahoo
5 days ago
- Business
- Yahoo
Copa Holdings Announces Monthly Traffic Statistics for July 2025
PANAMA CITY, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for July 2025: Copa Holdings (Consolidated) July 2025 July 2024 % Change ASM (mm) (1) 2,854.8 2,684.7 6.3% RPM (mm) (2) 2,533.7 2,350.8 7.8% Load Factor (3) 88.8% 87.6% 1.2p.p. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. Revenue passenger miles - represents the number of miles flown by revenue passengers Load factor - represents the percentage of aircraft seating capacity that is utilized For July 2025, Copa Holdings' capacity (ASMs) increased by 6.3%, while system-wide passenger traffic (RPMs) increased by 7.8% compared to 2024. As a result, the system load factor for the month was 88.8%, 1.2 percentage points higher than in July 2024. Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit CPA-G Investor Relations
Yahoo
08-08-2025
- Business
- Yahoo
Copa Holdings SA (CPA) Q2 2025 Earnings Call Highlights: Strong Margins and Operational ...
Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Copa Holdings SA (NYSE:CPA) reported a strong operating margin of 21% and a net margin of 17.7%, among the best in the industry. Capacity increased by 5.8% year-over-year, with a load factor reaching 87.3%, indicating efficient utilization of available capacity. The company achieved a world-leading on-time performance of 91.5% and a flight completion factor of 99.8%, showcasing operational excellence. Copa Holdings SA (NYSE:CPA) expanded its network with new services to San Diego, California, and restarted flights to Caracas, enhancing connectivity. The company ended the quarter with $1.4 billion in cash and investments, representing 39% of the last 12 months' revenue, indicating strong financial flexibility. Negative Points Passenger yields decreased by 4.1% year-over-year, and unit revenues declined by 2.8%, reflecting pressure on pricing. Unit costs excluding fuel increased by 3.2%, driven by non-recurrent maintenance costs, indicating challenges in cost management. The company faces increased competition with significant capacity growth in the region, potentially impacting market share and pricing. The Central America to US market is experiencing weakness, which could affect Copa Holdings SA (NYSE:CPA)'s performance in that segment. The company is still in the early stages of implementing dynamic pricing and AI-driven revenue management, which may limit immediate revenue optimization. Q & A Highlights Warning! GuruFocus has detected 7 Warning Signs with SBLK. Q: Can you discuss the demand trends in your major markets and any notable changes? A: Pedro Herron, CEO: We are seeing strong or steady demand across most markets, with load factors increasing. Although yields are slightly down, industry capacity is growing in the high single digits, and we are keeping up with load factors, increasing our guidance for most markets. Q: How are your aircraft deliveries from Boeing progressing, and what are your capacity expectations for 2026? A: Pedro Herron, CEO: Deliveries this year have been early, with three aircraft already received. We expect the remaining 10 to arrive in the last five months of the year. For 2026, we anticipate six deliveries, mostly in the first half, which will result in a higher capacity than this year, although we are not providing specific guidance yet. Q: What impact does a weaker US dollar have on your financials, and are there any notable currency trends? A: Pedro Herron, CEO: Most major Latin American currencies are up year-over-year, benefiting us as most sales originate in the south. However, the impact is not significant enough to make a huge difference. Peter Dunkerso, CFO, added that most costs are US dollar-based, so currency fluctuations have limited impact on costs. Q: Can you provide an update on airport capacity at PTY and any infrastructure projects? A: Pedro Herron, CEO: The airport is working on an expansion plan, including runway repairs, extensions, and additional gates. This project, expected to be completed in the next 3-4 years, will provide the airport with at least another 10 years of capacity. Q: How is your cargo business performing, and what are your expectations with the addition of a new freighter? A: Pedro Herron, CEO: Cargo has been strong, with most moved in the belly of passenger aircraft. We are adding a second 737-800 freighter, but the impact on overall cargo volume will not be significant. Q: What are your expectations for fuel prices and CASM in the second half of the year? A: Peter Dunkerso, CFO: Our guidance includes a fuel price of $2.45 per gallon, which may be slightly conservative. We remain committed to a CASM ex-fuel of 5.80 for the full year, with no significant seasonality expected. Q: How do you view the role of technology in your revenue strategy, particularly regarding dynamic pricing and data analysis? A: Pedro Herron, CEO: We have invested in digital technology, including a homemade internet booking engine and app. While we are in the early stages of dynamic pricing and AI-driven revenue management, we are moving in that direction with a focus on cost-conscious ROI. Q: Can you provide an update on your seat densification project? A: Pedro Herron, CEO: We have 30 aircraft pending densification to 166 seats out of our fleet of 115. The project maintains our premium product advantages, including a full business class and premium economy, without sacrificing comfort. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-08-2025
- Business
- Yahoo
Copa Holdings Reports Second-Quarter Financial Results
PANAMA CITY, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Copa Holdings1, S.A. (NYSE: CPA), today announced financial results for the second quarter of 2025 (2Q25), delivering another quarter of solid profitability and operational excellence. Key highlights include: Net profit of US$148.9 million or US$3.61 per share, which represents an earnings per share (EPS) increase of 25.2% compared to 2Q24. Net margin of 17.7% and an operating margin of 21.0%, an increase of 3.0 percentage points and 1.5 percentage points, respectively, compared to 2Q24. Revenue per available seat mile (RASM) of 10.7 cents, down 2.8% compared to 2Q24. Operating cost per available seat mile (CASM) decreased by 4.6% compared to 2Q24 to 8.5 cents, and CASM excluding fuel (Ex-fuel CASM) increased 3.2% year over year to 5.8 cents. The Company ended the quarter with approximately US$1.4 billion in cash, short-term and long-term investments, which represent 39% of the last twelve months' revenues. The Company closed 2Q25 with an Adjusted Net Debt to EBITDA ratio of 0.6 times. The Company took delivery of three Boeing 737 MAX 8 aircraft, ending the quarter with a consolidated fleet of 115 aircraft – 67 Boeing 737-800, 32 Boeing 737 MAX-9, 9 Boeing 737-700, 6 Boeing 737 MAX-8, and 1 Boeing 737-800 freighter. In June, Copa Airlines was recognized by Skytrax – for the tenth consecutive year – as the 'Best Airline in Central America and the Caribbean' and as the 'Best Airline Staff in Central America and the Caribbean.' Copa Airlines had an on-time performance for the quarter of 91.5% and a flight completion factor of 99.8%, once again positioning itself among the very best in the industry. Subsequent events On August 6, 2025, the Board of Directors of Copa Holdings ratified its second dividend payment for the year of US$1.61 per share. Dividends will be paid on September 15, 2025, to shareholders of record as of August 29, 2025. Full 2Q25 Earnings Release available for download at: Conference Call and Webcast The Company will hold its financial results conference call tomorrow at 11 am ET (10 am local). Details follow: Date: August 7, 2025 Time: 11:00 AM US ET (10:00 AM Local Time) Join by phone: Click here Webcast (listen-only): Click here About Copa Holdings Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides air service to countries in North, Central, and South America and the Caribbean. For more information, visit: Investor Cautionary statement regarding forward-looking statements This release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates, and expectations, and are not guarantees of future performance. They are based on management's expectations that involve several business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement. The risks and uncertainties relating to the forward-looking statements in this release are among those disclosed in Copa Holdings' filed disclosure documents and are, therefore, subject to change without prior notice. CPA-G Copa Holdings, S. A. and Subsidiaries Consolidated Operating and Financial Statistics 2Q25 2Q24 % Change 1Q25 % Change YTD25 YTD24 % Change Revenue Passengers Carried (000s) 3,600 3,303 9.0 % 3,512 2.5 % 7,112 6,575 8.2 % Revenue Passengers OnBoard (000s) 5,366 4,970 8.0 % 5,208 3.0 % 10,574 9,760 8.3 % RPMs (millions) 6,859 6,446 6.4 % 6,743 1.7 % 13,602 12,573 8.2 % ASMs (millions) 7,856 7,424 5.8 % 7,801 0.7 % 15,657 14,545 7.7 % Load Factor 87.3 % 86.8 % 0.5 p.p 86.4 % 0.9 p.p 86.9 % 86.4 % 0.4 p.p Yield (US$ Cents) 11.6 12.1 (4.1) % 12.7 (8.8) % 12.2 13.0 (6.7) % PRASM (US$ Cents) 10.1 10.5 (3.6) % 11.0 (7.8) % 10.6 11.3 (6.2) % RASM (US$ Cents) 10.7 11.0 (2.8) % 11.5 (6.9) % 11.1 11.8 (5.5) % CASM (US$ Cents) 8.5 8.9 (4.6) % 8.8 (3.5) % 8.6 9.2 (6.1) % CASM Excl. Fuel (US$ Cents) 5.8 5.6 3.2 % 5.8 (1.0) % 5.8 5.8 (0.6) % Fuel Gallons Consumed (millions) 91.9 87.6 4.9 % 91.0 1.0 % 182.8 172.0 6.3 % Avg. Price Per Fuel Gallon (US$) 2.32 2.79 (17.0) % 2.54 (8.8) % 2.43 2.84 (14.7) % Average Length of Haul (miles) 1,905 1,952 (2.4) % 1,920 (0.7) % 1,912 1,912 — % Average Stage Length (miles) 1,231 1,253 (1.8) % 1,260 (2.3) % 1,245 1,249 (0.4) % Departures 38,985 36,313 7.4 % 37,829 3.1 % 76,814 71,533 7.4 % Block Hours 122,526 116,062 5.6 % 121,611 0.8 % 244,137 228,226 7.0 % Average Aircraft Utilization (hours) 11.9 11.9 0.6 % 12.1 (1.2) % 12.0 11.7 2.1 % Copa Holdings, S. A. and Subsidiaries Consolidated statement of profit or loss (In US$ thousands) Unaudited Unaudited % Unaudited % Unaudited Unaudited % 2Q25 2Q24 Change 1Q25 Change YTD25 YTD24 Change Operating Revenues Passenger revenue 797,266 781,497 2.0 % 859,025 (7.2 %) 1,656,291 1,640,222 1.0 % Cargo and mail revenue 28,307 25,184 12.4 % 25,694 10.2 % 54,001 47,095 14.7 % Other operating revenue 17,031 12,722 33.9 % 14,462 17.8 % 31,493 25,553 23.2 % Total Operating Revenue 842,604 819,403 2.8 % 899,181 (6.3 %) 1,741,785 1,712,870 1.7 % Operating Expenses Fuel 214,106 246,011 (13.0 %) 232,160 (7.8 %) 446,266 491,363 (9.2 %) Wages, salaries, benefits and other employees' expenses 122,289 114,878 6.5 % 117,517 4.1 % 239,807 229,193 4.6 % Passenger servicing 25,190 27,579 (8.7 %) 25,024 0.7 % 50,214 57,263 (12.3 %) Airport facilities and handling charges 64,652 62,768 3.0 % 65,657 (1.5 %) 130,309 123,115 5.8 % Sales and distribution 49,429 52,210 (5.3 %) 50,261 (1.7 %) 99,691 107,704 (7.4 %) Maintenance, materials and repairs 36,158 10,883 232.3 % 39,434 (8.3 %) 75,592 36,510 107.0 % Depreciation and amortization 88,440 79,462 11.3 % 86,284 2.5 % 174,724 162,827 7.3 % Flight operations 32,766 31,914 2.7 % 33,749 (2.9 %) 66,515 62,944 5.7 % Other operating and administrative expenses 32,954 34,190 (3.6 %) 35,274 (6.6 %) 68,227 66,461 2.7 % Total Operating Expense 665,984 659,896 0.9 % 685,360 (2.8 %) 1,351,344 1,337,378 1.0 % Operating Profit/(Loss) 176,620 159,507 10.7 % 213,822 (17.4 %) 390,442 375,492 4.0 % Operating Margin 21.0 % 19.5 % 1.5 p.p 23.8 % -2.8 p.p 22.4 % 21.9 % 0.5 p.p Non-operating Income (Expense): Finance cost (23,285 ) (20,632 ) 12.9 % (23,233 ) 0.2 % (46,518 ) (39,472 ) 17.9 % Finance income 15,377 13,537 13.6 % 15,792 (2.6 %) 31,170 27,284 14.2 % Gain (loss) on foreign currency fluctuations 910 (16,097 ) nm 1,370 (33.6 %) 2,280 (20,010 ) nm Net change in fair value of derivatives (1,688 ) 2,533 nm (2,434 ) (30.7 %) (4,122 ) 2,525 nm Other non-operating income (expense) 6,228 1,766 252.7 % 1,428 336.2 % 7,656 1,654 362.9 % Total Non-Operating Income/(Expense) (2,458 ) (18,892 ) (87.0 %) (7,077 ) (65.3 %) (9,535 ) (28,019 ) (66.0 %) Profit before taxes 174,162 140,615 23.9 % 206,744 (15.8 %) 380,906 347,472 9.6 % Income tax expense (25,253 ) (20,362 ) 24.0 % (29,978 ) (15.8 %) (55,231 ) (51,154 ) 8.0 % Net Profit/(Loss) 148,908 120,253 23.8 % 176,766 (15.8 %) 325,675 296,318 9.9 % Net Margin 17.7 % 14.7 % 3.0 p.p 19.7 % -2.0 p.p 18.7 % 17.3 % 1.4 p.p Basic Earnings Per Share (EPS) 3.61 2.88 25.3 % 4.28 (15.7) % 7.89 7.07 11.6 % Shares for calculation of Basic EPS (000s) 41,246 41,715 (1.1) % 41,292 (1.1) % 41,268 41,883 (1.5) % Copa Holdings, S. A. and Subsidiaries Consolidated statement of financial position(In US$ thousands) June 2025 December 2024 ASSETS (Unaudited) (Audited) Cash and cash equivalents 236,171 613,313 Short-term investments 764,137 585,919 Total cash, cash equivalents and short-term investments 1,000,307 1,199,232 Accounts receivable, net 183,401 166,014 Accounts receivable from related parties 2,967 2,976 Expendable parts and supplies, net 141,190 132,341 Prepaid expenses 64,295 42,926 Prepaid income tax 5,788 11,678 Other current assets 26,028 21,711 423,669 377,647 TOTAL CURRENT ASSETS 1,423,976 1,576,879 Long-term investments 368,332 248,936 Long-term accounts receivable 3,000 — Long-term prepaid expenses 3,182 8,237 Property and equipment, net 3,755,645 3,458,261 Right of use assets 308,900 309,302 Intangible, net 98,895 96,754 Net defined benefit assets 1,833 1,058 Deferred tax assets 16,772 20,749 Other Non-Current Assets 20,450 22,113 TOTAL NON-CURRENT ASSETS 4,577,008 4,165,410 TOTAL ASSETS 6,000,984 5,742,289 LIABILITIES Loans and borrowings 219,892 254,854 Current portion of lease liability 62,062 59,103 Accounts payable 187,375 229,104 Accounts payable to related parties 792 1,624 Air traffic liability 642,594 621,895 Frequent flyer deferred revenue 146,645 132,064 Taxes Payable 62,494 55,505 Accrued expenses payable 42,009 62,673 Income tax payable 9,249 9,801 Other Current Liabilities 1,680 1,272 TOTAL CURRENT LIABILITIES 1,374,795 1,427,895 Loans and borrowings long-term 1,497,592 1,415,953 Lease Liability 271,774 270,594 Deferred tax Liabilities 60,613 37,476 Other long - term liabilities 236,096 217,626 TOTAL NON-CURRENT LIABILITIES 2,066,074 1,941,649 TOTAL LIABILITIES 3,440,868 3,369,544 EQUITY Class A - 34,228,377 issued and 30,196,170 outstanding 23,287 23,244 Class B - 10,938,125 7,466 7,466 Additional Paid-In Capital 217,789 214,542 Treasury Stock (300,143 ) (291,438 ) Retained Earnings 2,301,791 1,826,565 Net profit 325,675 608,114 Other comprehensive loss (15,748 ) (15,748 ) TOTAL EQUITY 2,560,116 2,372,745 TOTAL EQUITY LIABILITIES 6,000,984 5,742,289 Copa Holdings, S. A. and Subsidiaries Consolidated statement of cash flowsFor the six months ended(In US$ thousands) 2025 2024 (Unaudited) (Unaudited) Net cash flow from operating activities 484,282 470,777 Investing activities Net Acquisition of Investments (294,697 ) (35,609 ) Net cash flow related to advance payments on aircraft purchase contracts (60,204 ) 71,516 Acquisition of property and equipment (390,502 ) (279,052 ) Proceeds from sale of property and equipment 26,448 — Acquisition of intangible assets (14,342 ) (15,551 ) Cash flow used in investing activities (733,297 ) (258,696 ) Financing activities Proceeds from new borrowings 165,000 108,000 Payments on loans and borrowings (122,890 ) (108,029 ) Payment of lease liability (28,504 ) (32,633 ) Repurchase of treasury shares (8,706 ) (50,402 ) Dividends paid (133,027 ) (134,756 ) Cash flow used in financing activities (128,127 ) (217,820 ) Net (decrease) increase in cash and cash equivalents (377,142 ) (5,739 ) Cash and cash equivalents as of January 1 613,313 206,375 Cash and cash equivalents as of June 30 $ 236,171 $ 200,636 Short-term investments 764,137 748,239 Long-term investments 368,332 258,379 Total cash and cash equivalents and investments as of June 30 $ 1,368,640 $ 1,207,254 Copa Holdings, S. A. and Subsidiaries Non-IFRS Financial Measures Reconciliation This press release includes the following non-IFRS financial measures: Operating CASM Excluding Fuel. This supplemental information is presented because we believe it is a useful indicator of our operating performance and is useful in comparing our performance with other companies in the airline industry. These measures should not be considered in isolation and should be considered together with comparable IFRS measures, in particular operating profit and net profit. The following is a reconciliation of these non-IFRS financial measures to the comparable IFRS measures: Reconciliation of Operating Costs per ASM Excluding Fuel (CASM Excl. Fuel) 2Q25 2Q24 1Q25 YTD25 YTD24 Operating Costs per ASM as Reported (in US$ Cents) 8.5 8.9 8.8 8.6 9.2 Aircraft Fuel Cost per ASM (in US$ Cents) 2.7 3.3 3.0 2.9 3.4 Operating Costs per ASM excluding fuel (in US$ Cents) 5.8 5.6 5.8 5.8 5.8 1 The terms 'Copa Holdings' and the 'Company' refer to the consolidated entity. The financial information presented in this release, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the second quarter of 2024 (2Q24).Sign in to access your portfolio
Yahoo
04-08-2025
- Business
- Yahoo
Copa Holdings Stock to Report Q2 Earnings: What's in the Cards?
Copa Holdings, S.A. (CPA) is scheduled to report second-quarter 2025 results on Aug. 6, after market close. Copa Holdings has an encouraging earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 5.50%. Image Source: Zacks Investment Research Let's see how things have shaped up for Copa Holdings this earnings season. Factors Likely to Have Influenced CPA's Q2 Performance The Zacks Consensus Estimate for CPA's second-quarter 2025 earnings has been revised downward by 2.40% in the past 60 days to $3.25 per share. However, the consensus mark implies a 12.85% upside from the year-ago actual. Image Source: Zacks Investment Research We expect geopolitical uncertainty, tariff-related pressures, and persistent inflation to weigh on CPA's operations and weaken travel demand. The ongoing economic uncertainties and the resultant reduction in consumer and corporate confidence are likely to have hurt the domestic air travel demand. Escalated labor and airport costs are also likely to have been high, which would have hurt the company's bottom-line performance in the June quarter. Despite costs on aircraft fuel decreasing year over year (down 7% in second-quarter 2025, per our model), CPA expects to continue experiencing increased cost pressure from wages, salaries, benefits and other employee expenses, airport facilities and handling charges. We expect operating costs to increase 1.2% in second-quarter 2025 from second-quarter 2024 actuals, led by the 9.4% rise in wages, salaries, benefits and other employee expenses, and the 11.5% rise in airport facilities and handling charges. The Zacks Consensus Estimate for CPA's second-quarter 2025 revenues is pegged at $834.81 million, indicating 1.88% growth year over year. The top line is likely to have been aided by improving travel demand and lower fuel prices. Notably, the southward movement of oil prices bodes well for the bottom-line growth of industry participants. This is because fuel expenses are a significant input cost for the aviation industry. Crude oil is struggling in 2025, with prices sliding to multi-month lows. Tariff concerns, weakening consumer confidence, and the production increase by OPEC+ have all contributed to this downward pressure. Oil prices decreased 6% in the April-June 2025 period. What Our Model Says About CPA Our proven model does not conclusively predict an earnings beat for Copa Holdings this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Copa Holdings has an Earnings ESP of -4.70% and a Zacks Rank #3 at present. Copa Holdings, S.A. Price and EPS Surprise Copa Holdings, S.A. price-eps-surprise | Copa Holdings, S.A. Quote Highlights of CPA's Q1 Earnings Copa Holdings' first-quarter 2025 earnings per share of $4.28 surpassed the Zacks Consensus Estimate of $3.77 and improved 2.2% year over year. Revenues of $899.2 million beat the Zacks Consensus Estimate of $889.5 million and inched up 0.6% year over year, due to an 8.7% increase in onboard passengers. Stocks to Consider Here are a few stocks from the broader Zacks Transportation sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle. Expeditors International of Washington (EXPD), a leading third-party logistics provider, is based in Seattle, WA. EXPD currently has an Earnings ESP of +0.11% and a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. The company is scheduled to report its second-quarter 2025 results on Aug. 5. While weak volumes (with respect to air-freight tonnage and ocean containers) stemming from soft demand and declining rates are likely to have hurt EXPD's performance, efforts to cut costs in the face of demand weakness are likely to have driven its bottom line. EXPD beat the Zacks Consensus Estimate in each of the last four quarters, the average being 13.3%. GXO Logistics (GXO), a pure-play contract logistics provider, is headquartered in Greenwich, CT. GXO currently has an Earnings ESP of +8.33% and a Zacks Rank of 3. The company is slated to report second-quarter 2025 results on Aug. 5. Increased e-commerce, automation and outsourcing are likely to aid the company's results. Cost-cutting efforts are also likely to have boosted the bottom-line performance of GXO. The company beat the Zacks Consensus Estimate in three of the last four quarters, and missed once, with the average beat being 3.9%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Expeditors International of Washington, Inc. (EXPD) : Free Stock Analysis Report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report GXO Logistics, Inc. (GXO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
21-07-2025
- Business
- Yahoo
Copa Holdings, S.A. (CPA) Reports 6.3% YoY Increase in Traffic for June; Citi and UBS Maintain Bullish Outlook
Trading at a low P/E multiple with potential upside for investors, Copa Holdings, S.A. (NYSE:CPA) is among the . For June 2025, Copa Holdings, S.A. (NYSE:CPA) reported experiencing strong traffic, driven by continued demand for air travel across its network. The company reported a higher passenger volume with its Revenue Passenger Miles (RPM), a critical measure of airline traffic, increasing by 6.3% on a YoY basis. Copa Holdings, S.A. (NYSE:CPA) expanded its Available Seat Miles (ASM), a measure of the passenger-carrying capacity, by 5.3% from June 2024 to cater to the growing demand. Most importantly, traffic growth surpassed capacity expansion, improving the airline's load factor – a measure of how full flights are. The load factor increased to 87.5% in June 2025 from 86.6% in the previous year. This performance of the company boosts investors' confidence in CPA's operational strength and continued post-pandemic travel recovery momentum. Analysts are bullish on the stock, with Citi and UBS setting their price targets at $159 and $180, respectively. Copa Holdings, S.A. (NYSE:CPA), a Panama-based airline holding company, owns two airlines: Panama-based Copa Airlines and Colombia-based AeroRepública. It is on the list of cheap transportation stocks. While we acknowledge the potential of CPA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and . Disclosure: None. Sign in to access your portfolio
