Resurgent economies in South America and currency stabilization contributed to Copa Airlines’ strong second-quarter results, with operating margins doubling in the quarter from 2016. The Panamanian carrier reported operating margins of 14.4%, or double its 2016 results. For the rest of the year, Copa expects margins to be 16%-18% and return to its historical norm of margins in the high teens-to-low 20% range, CEO Pedro Heilbron told analysts Aug. 10. Latin America has returned to ...

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