Only full-service network carrier consistently up there with Ryanair: Copa Airlines operating margin reached 21%, while net margin improved to 17.7%.
Operational performance remained industry-leading, with an on-time rate of 91.5% and a flight completion factor of 99.8%. Copa said it continues to expect an operating margin between 21% and 23%, in line with 2024’s result of 21.9%. The carrier also projects capacity growth between 7% and 8%, measured in available seat miles (ASM), slightly below the 8.6% expansion recorded last year. The airline expanded its fleet with the delivery of three 737 MAX 8s, bringing its total to 115 aircraft, including 67 737-800s, 32 737 MAX 9s, nine 737-700s, six 737 MAX 8s, and one 737-800 freighter.
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