Company Watch - Copa Airlines.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Aug 21, 2006 Copa Airlines profits continue ascent ASCENT Interventional cardiology A clinical trial–ACS Stent Clinical Equivalence in de Novo lesions Trial despite AeroRepublica's 'low point'. Copa Holdings, parent of Panama's Copa Airlines and Colombia's AeroRepublica, reported second-quarter net income of $22.9 million, up 51.3% over $15.1 million earned in the year-ago quarter, on a 39.4% jump in revenues to $191.5 million attributable in large part to Copa's acquisition of AeroRepublica last year that also contributed to hefty heft·y adj. heft·i·er, heft·i·est 1. Of considerable weight; heavy. 2. Rugged and powerful. See Synonyms at heavy. 3. increases in traffic and capacity. The results continue a string of positive quarters for the company, which produced rising profits in both 2004 and 2005 and record quarterly income in the first quarter. They are all the more impressive considering that AeroRepublica lost $7.1 million in the most recent quarter. Aug 17, 2006 Copa, the Colombian carrier soon will unveil a "new image" to better reflect its connection to Copa, he noted. In addition, daily Bogota-Panama City flights launched Aug. 3 will create new opportunities to link the two networks. Copa's network continues to grow, with Manaus, Santiago de los Caballeros Santiago de los Caballeros (säntyä`gō dā lōs käbäyā`rōs), city (1993 pop. 364,859), N Dominican Republic, on the Yaque del Norte River. , Maracaibo, San Pedro Sula San Pedro Sula (säm pā`thrō s  `lä), city (1997 est. pop. 417,000), capital of Cortés dept., NW Honduras. It is the second largest city in the country. and Montevideo added in the past five weeks to bring to 35 the number of destinations served. It said yesterday that it will launch five-times-weekly Panama City-Rio de Janeiro flights aboard 737NGs from Nov. 15. Aug 17, 2006 Copa[sup.1]s operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. for the quarter rose 40.3% to $28.5 million as yield increased 9% to 15.8 cents, the fifth consecutive quarter of yield growth, and RASM RASM Revenue per Available Seat Mile RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.) RASM Rear Admiral Submarines (UK) RASM Recorded Announcement Systems Manager lifted 8.1% to 11.7 cents. "We expect yields to remain healthy and steady," Heilbron said. Load factor improved 0.5 point to 69.7% as RPMs jumped 29.9% to 1.14 billion and capacity grew 29% to 1.63 billion ASMs. CASM CASM Cost per Available Seat Mile CASM Communities and Small-scale Mining CASM Canadian Academy of Sports Medicine CASM Certificate of Advanced Study in Mathematics (Univeristy of Cambridge, UK) CASM Coherent Adaptive Subcarrier Modulation rose 8% to 10 cents but CASM excluding fuel was unchanged at 6.7 cents. Aug 17, 2006 Copa Airlines flew 372.9 million RPMs in July, a 14.2% increase over the year-ago month. Capacity rose 12.1% to 449.3 million ASMs and load factor was up 1.5 points to 83%. Aug 14, 2006 |
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