Copa Airlines outlines prospects to investors

Copa Airlines hosted an Investor Day at the New York Stock Exchange on June 22 where the company outlined its prospects for growth and margin expansion. Copa’s management team detailed the company’s growth levers, plans to remain cost competitive, and their thoughts about refining and enhancing their long-term core strengths. Investor TD Cowen, in a comprehensive report, said that the team came away “confident in the airline’s prospects for growth and margin expansion” and thought that “Copa looks to be reaping the benefits of the strategic initiatives management”.  Copa estimated that it can lower cost per available seat mile, excluding