Copa Holdings reported net income of US$113.1 million for the first quarter of 2015, or diluted earnings per share (EPS) of US$2.57.  Excluding special items, Copa Holdings would have reported an adjusted net income of US$106.0 million, or EPS of US$2.41 per share, a 30.4% decrease over adjusted net income of US$153.6 million and US$3.46 per share for 1Q14. Operating income for 1Q15 came in at US$127.3 million, a 28.1% decrease over operating income of US$177.0 million in 1Q14.  Operating margin for the period came in at 20.1%, compared to 24.8% in 1Q14, as a result of lower unit revenues

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