August 7, 2019 / 9:02 PM / 13 days ago

Panama's Copa Airlines reports flat profit despite Boeing MAX grounding

Aug 7 (Reuters) - Panama’s Copa Airlines on Wednesday reported a quarterly profit of $50.9 million, roughly the same as a year ago, in spite of the prolonged grounding of its most cost-efficient planes, the Boeing 737 MAX, following two deadly accidents.

Copa was expecting to receive seven MAX planes since the grounding began, bringing its MAX fleet to a total of 13, the company said in a securities filing. It operated a fleet of 104 planes in the quarter. (Reporting by Marcelo Rochabrun and Bangalore newsroom; editing by Bill Berkrot)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below