Copa Holdings, S.A. (NYSE:CPA) is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.
The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama. In 2005, the organization reorganized under a publicly traded holding company structure and completed an initial public offering on the New York Stock Exchange. This restructuring facilitated network expansion, fleet modernization and the establishment of new subsidiaries, including the low‐cost carrier Wingo, which serves select Latin American markets.
Today, Copa Holdings’ route system spans more than 80 destinations in over 30 countries across North, Central and South America, as well as the Caribbean. The airline’s star‐shaped route network is designed to maximize connectivity through its Panama City hub, enabling one‐stop itineraries between North and South America with convenient scheduling and streamlined ground operations. Copa’s fleet of Next‐Generation and MAX series Boeing 737 jets offers a single‐class configuration for Wingo and a two‐class configuration for Copa Airlines, with in‐flight entertainment, Wi-Fi connectivity and loyalty program benefits.
Leadership at Copa Holdings includes Chairman and Chief Executive Officer Pedro Heilbron, who has overseen the company’s transformation into a regional aviation leader. Under his direction, Copa has implemented strategic partnerships, joined the Star Alliance network and pursued continuous improvements in operational reliability and customer service. The company’s governance structure further comprises a board of directors with expertise in aviation, finance and international business, guiding Copa Holdings as it seeks to enhance its position in the Western Hemisphere air travel market.
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