Copa (NYSE:CPA) (NYSE: CPA) is a Panama-based holding company whose principal businesses encompass commercial air transportation and related services. Through its main subsidiary, Copa Airlines, the company operates scheduled passenger and cargo flights across a network that spans North, Central, and South America as well as the Caribbean. With its strategic hub at Tocumen International Airport in Panama City, Copa leverages its geographic position to offer efficient connections between over 80 destinations, underpinning its role as a key link between the United States and Latin America.
Founded in 1947 as Compañía Panameña de Aviación, S.A., Copa Airlines has grown from a regional carrier into one of the leading airlines in the Western Hemisphere. The company expanded its footprint in 2006 by launching Copa Airlines Colombia, which serves domestic routes within Colombia and provides international connections. Copa Holdings also operates Copa Express, a regional feeder airline that strengthens its network reach and supports seamless passenger transfers. In addition to passenger transport, the group offers cargo services, handling logistics for perishable goods, oversized freight and more, supported by modern Boeing 737-800 and 737 MAX fleets.
Membership in the Star Alliance since 2012 has enabled Copa Holdings to extend its global reach through codeshare agreements with international carriers, broadening travel options for its customers. The company emphasizes operational efficiency and customer experience, investing in digital platforms, in-flight amenities and airport lounge facilities. Its maintenance, repair and overhaul (MRO) operations at Tocumen Airport provide in-house technical support, helping to maintain high standards of aircraft reliability and safety.
Leadership under Chief Executive Officer Pedro Heilbron, who has helmed the company since 1998, has focused on network expansion, strategic partnerships and rigorous cost management. Copa Holdings continues to pursue growth in emerging markets throughout Latin America while maintaining its commitment to financial discipline, operational excellence and sustainable practices. By centering on its hub‐and‐spoke model and leveraging Panama’s geographical advantages, the company aims to strengthen its position as a premier connector between the Americas.
