Copa Holdings, S.A. (NYSE: CPA) today announced the closing of its offering of $350,000,000 aggregate principal amount of 4.50% convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Copa granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, April 30, 2020, up to an additional $52,500,000 principal amount of notes.
Weak demand for aircraft is likely to have dealt a major blow to Fly Leasing's (FLY) Q1 performance.
Copa Holdings (CPA) delivered earnings and revenue surprises of 12.18% and 0.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Copa Holdings (CPA) started feeling the heat of the coronavirus outbreak in March. Since Mar 22, the carrier has not operated any commercial flight.
Copa Holdings, S.A. (NYSE: CPA), announces postponement of its 2020 Annual Meeting of Shareholders:
Ladies and gentlemen, thank you for standing by, and welcome to the Copa Holdings First Quarter Earnings Call. Joining us today are Pedro Heilbron, CEO of Copa Holdings; and Jose Montero, our CFO. First, Pedro will start with our first quarter highlights, followed by Jose, who will discuss our financial results.
Copa Holdings (CPA) is suffering due to coronavirus-induced low air travel demand. However, low fuel costs are a respite.
Copa Holdings, S.A. (NYSE: CPA) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission.
Panama's Copa Airlines expects to resume 40% of its usual flights by December, the company said on Wednesday, the latest carrier to predict a slow recovery in traffic due to the coronavirus crisis. Copa Airlines is currently not operating any flights because its Panama City hub is shut down.
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for March 2020:
Panama's Copa Airlines said on Monday it may not have enough liquidity to survive the coronavirus crisis despite cutting costs, becoming the second major Latin American airline to suggest that it may cease to exist due to the outbreak. (Reporting by Marcelo Rochabrun; Editing by Steve Orlofsky)
Copa Holdings, S.A. (NYSE: CPA) today announced its intention to offer, subject to market and other conditions, $350,000,000 aggregate principal amount of convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Copa also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $52,500,000 principal amount of notes.
Tumbling air-travel demand due to coronavirus concerns causes 43.4% fall in Copa Holdings' (CPA) March traffic.
Copa Holdings, S.A. (NYSE: CPA) today announced the pricing of its offering of $350,000,000 aggregate principal amount of 4.50% convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The issuance and sale of the notes is scheduled to settle on April 30, 2020, subject to customary closing conditions. Copa also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $52,500,000 principal amount of notes.
Drop in air travel demand hurts Copa Holdings' (CPA) Q1 performance. However, low fuel costs are a positive
Copa Holdings (CPA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Draining passenger revenues dent the earnings results of Delta (DAL) and Southwest (LUV) for Q1.
Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2020 (1Q20). The terms "Copa Holdings" and "the Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the first quarter of 2019 (1Q19).
Copa Holdings, S.A. (NYSE: CPA) announces the following events:
Copa Holdings (CPA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.