Panama-based Copa Holdings Ltd. had a robust 2019 second quarter, despite headwinds from the grounding of the Boeing 737 MAX. Copa’s net profit for the quarter came to $50.9 million, up 2.1% from $49.8 million in the year-earlier period, and a 2Q record for the company. Revenues rose 1.7% to $645 million, while RASM came in 6.3% higher at 10.5 cents. Capacity decreased 4.3% year-over-year, all because of the MAX grounding, while RPMs only decreased 2.5%. CASM-ex fell by 5.7% to ...

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