Copa Airlines restarts flights backed by solid financial foundation
Copa Airlines is working to resume limited operations before a more pronounced restart of service in Sep-2020. The company has been grounded since Mar-2020 as its home country of Panama, and many other countries in Latin America, have essentially shut off their borders.
By YE2020 Copa could operate up to 40% of the capacity it deployed in 2019, but the company is working to size its fleet to accommodate what could be much lower demand for the next couple of years.
Despite being grounded for five months, Copa remains on solid footing, which is commendable, given that some of its larger peers in Latin America have sought to restructure under Chapter 11 bankruptcy protection.
Read More
This CAPA Analysis Report is 994 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
Inclusions | Content Lite User | CAPA Member |
---|---|---|
News | ||
Non-Premium Analysis | ||
Premium Analysis | ||
Data Centre | ||
Selected Research Publications |