Copa Holdings posted a third-quarter (3Q) net profit of $57.7 million, down 55% from the same period last year—the result of rising fuel costs and weakened currencies in Brazil and Argentina. Panama-based Copa is the parent of Copa Airlines and Copa Airlines Colombia. The company also operates Wingo-branded ultra-LCC flights out of Colombia. The company reported $672.4 million in total revenue for the quarter, up 2.1% year-over-year (YOY) on capacity growth of 6.6%. Expenses were up ...

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