Copa Holdings

Last updated
Copa Holdings S.A.
Type Sociedad Anónima
NYSE:  CPA
IndustryAir transport
Headquarters,
Number of employees
9,450 (2018)
Subsidiaries
Website copaair.com

Copa Holdings, S.A. is a publicly traded foreign private issuer listed on the New York Stock Exchange and parent company of Panamanian carrier Copa Airlines and its subsidiaries, Colombian carriers Copa Airlines Colombia and Wingo. It is headquartered in Panama City, Panama and its current CEO is Pedro Heilbron.

Contents

Summary

Copa Holdings, through its operating subsidiaries Copa Airlines, Copa Airlines Colombia and Wingo, is a leading Latin American commercial aviation provider of passenger and cargo service. Copa Airlines offers approximately 204 daily scheduled flights to 89 destinations in 33 countries in North, Central and South America and the Caribbean through its Hub of the Americas at Tocumen International Airport in Panama City, Panama. In addition, Copa Airlines provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with United Airlines and other airlines. Before the pandemic, Copa Airlines Colombia, provided domestic service to 12 cities in Colombia as well as international connectivity with Copa Airlines' Hub of the Americas through flights from Bogota, Cali, Medellin, Cartagena, Bucaramanga, Pereira and Barranquilla. Additionally, Copa Airlines Colombia had non-stop international flights from Colombia to Caracas, Quito, Guayaquil and Mexico City.

Board of directors

Pedro Heilbron (CEO)
Stanley Motta (Chairman of the Board)
Alvaro Heilbron
Jaime Arias
Ricardo Alberto Arias
Jose Castañeda Velez
Carlos Motta
Julianne Canavaggio
John Gebo
Andrew Levy
Josh Connor

[1]

See also

Related Research Articles

Avianca S.A. is the largest airline in Colombia. It has been the flag carrier of Colombia since December 5, 1919, when it was initially registered under the name SCADTA. It is headquartered in Colombia, with its registered office in Barranquilla and its global headquarters in Bogotá and main hub at El Dorado International Airport. Avianca is the flagship of a group of ten Latin American airlines, who operate as one airline using a codesharing system. Avianca is the largest airline in Colombia and second largest in Latin America, after LATAM of Chile. Avianca and its subsidiaries have the most extensive network of destinations in Latin America. Prior to the merger with TACA in 2010, it was wholly owned by Synergy Group, a South American holding company established by Germán Efromovich and specialising in air transport. It is listed on the Colombia Stock Exchange.

Continental Airlines, simply known as Continental, was a major airline in the United States that operated from 1934 until 2012 when it merged with United Airlines. It had ownership interests and brand partnerships with several carriers.

Frontier Airlines is a major ultra-low-cost American airline headquartered in Denver, Colorado. It operates flights to over 100 destinations throughout the United States and 31 international destinations, and employs more than 3,000 staff. The carrier is a subsidiary and operating brand of Indigo Partners, LLC, and maintains a hub at Denver International Airport with numerous focus cities across the US.

SAM was a Colombian airline. With its main hub at El Dorado International Airport in Bogotá, SAM operated domestic and international routes and was a subsidiary of Avianca. In 2004, its headquarters were in the Avianca headquarters in Bogotá.

<span class="mw-page-title-main">Copa Airlines</span> Flag carrier of Panama

Compañía Panameña de Aviación, S.A., is the flag carrier of Panama. It is headquartered in Panama City, Panama, with its main hub at Tocumen International Airport. Copa is a subsidiary of Copa Holdings and a member of the Star Alliance. The airline is also the main operator and owner of Colombian airline AeroRepública, currently known as Wingo, previously known as Copa Airlines Colombia.

<span class="mw-page-title-main">El Dorado International Airport</span> Airport that serves Bogotá, Colombia

El Dorado International Airport is an international airport serving Bogotá, Colombia, and its surrounding areas. The airport is located mostly in the Fontibón district of Bogotá, although it partially extends into the Engativá district and the municipality of Funza in the Western Savanna Province of the Cundinamarca Department. It served over 35 million passengers in 2019 and 740,000 metric tons of cargo in 2018, making it the second busiest airport in South America in terms of passenger traffic and the busiest in terms of cargo traffic. El Dorado is also by far the busiest and most important airport in Colombia, accounting for just under half (49%) of the country's air traffic.

Avianca Costa Rica S.A., formerly known as LACSA, minority owned by the Synergy Group, is the national airline of Costa Rica and is based in San José. It operates international scheduled services to over 35 destinations in Central, North and South America. The airline previously used the TACA/LACSA moniker when it was a subsidiary of Grupo TACA. Since May 2013, following Avianca's purchase of Grupo TACA, Avianca Costa Rica became one of seven nationally branded airlines operated by Avianca Group of Latin American airlines.

LATAM Airlines, formerly LAN Airlines, LAN-Chile and LATAM Chile, is a Chilean multinational airline based in Santiago, Chile and one of the founders of LATAM Airlines Group, the largest airline holding company in Latin America. The main hub is Arturo Merino Benítez International Airport in Santiago, with secondary hubs in São Paulo, Lima, Bogotá, Quito, Guayaquil and Asunción airports.

<span class="mw-page-title-main">SAHSA</span>

Servicio Aéreo de Honduras S.A. otherwise known as SAHSA Airlines was the national flag carrier airline of Honduras from October 22, 1945, to January 14, 1994. The airline was a subsidiary of Pan American Airways and merged with Transportes Aéreos Nacionales (TAN) to form TAN-SAHSA in November 1991.

Air Panama is a regional airline based at Albrook "Marcos A. Gelabert" International Airport in Panama, and is currently the second-largest air carrier in the country, surpassed only by Copa Airlines. The carrier offers both scheduled and charter passenger flights to more than 31 destinations from its hub at Albrook International Airport.

<span class="mw-page-title-main">Matecaña International Airport</span> Airport

Matecaña International Airport is an international airport serving the city of Pereira, Colombia. It also serves as an alternate airport for the cities of Armenia, Cartago, Manizales, Medellín, Cali and Bogotá.

<span class="mw-page-title-main">Rafael Núñez International Airport</span> Airport

Rafael Núñez International Airport is an international airport serving the Caribbean port city of Cartagena, Colombia. It is the largest airport in the country's northern Caribbean region in terms of passenger movement. It is located between the Caribbean coast and the Ciénaga de la Virgen marsh, in the center of Crespo, a neighborhood in northern Cartagena. It is named after Cartagena native Rafael Núñez, the former Colombian president who wrote the verses to the National Anthem of Colombia.

Aerovías de Integración Regional S.A., d/b/a LATAM Airlines Colombia, is a Colombian airline. It is the second-largest air carrier in Colombia, after Avianca. It operates scheduled regional domestic passenger services, as well as a domestic cargo service. Its main hub is El Dorado International Airport in Bogotá.

Pedro Heilbron is the CEO of Copa Holdings S.A., the parent company of the Panamanian carrier Copa Airlines and the Colombian carrier AeroRepública

LATAM Airlines Group S.A. is a Chilean airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Chile, Colombia, Ecuador, Paraguay and Peru. The company filed for Chapter 11 bankruptcy in the United States on 26 May 2020, due to economic problems attributed to the impact of the COVID-19 pandemic on aviation. Although LATAM Airlines' headquarters are located in Chile, the carrier is an American depositary receipt and traded on both the Santiago Stock Exchange and New York Stock Exchange at the time of bankruptcy. The company's stock ticker (LTMAQ) was delisted from the NYSE and later moved to the unregulated OTC Markets Pink on 12 June 2020.

Copa Airlines Colombia is a commercial passenger airline founded and registered under the corporate name of AeroRepública S.A. in November 1992, and is the second airline in Colombia for international passengers carried after Avianca and the third in total traffic. It covers national and international destinations from the El Dorado International Airport in Bogotá and from the main cities of Colombia. As of October 5, 2010, the airline used the trade name of Copa Airlines Colombia.

Air Panamá Internacional was a state owned airline from Panama that served as the flag carrier of the country between 1968 and 1989. From its hub at Tocumen International Airport in Panama City, scheduled passenger flights to a number of destinations in the Americas was offered.

<span class="mw-page-title-main">Avianca Group</span> Colombian-El Salvadoran multinational airline holding company

Avianca Group International Limited is a pan-regional Latin American multinational airline holding company with its registered office in St Albans, England, and its global headquarters in Bogotá, Colombia. It was formed in February 2010 after a merger agreement between Avianca and TACA Airlines, the flag carriers of Colombia and El Salvador respectively, when Avianca and TACA became wholly owned subsidiaries of Avianca Holdings. TACA Airlines shareholders were given 29% and Avianca Airlines shareholders were given 71% of the shares in the new company.

Líneas Aéreas de Nicaragua, operating as LANICA, was an airline from Nicaragua. Headquartered in the capital Managua, it operated scheduled passenger flights within South and Central America, as well as to the United States.

Aero República S.A. is a low-cost airline owned by Copa Holdings. Copa announced the creation of Wingo in October 19, 2016 as a replacement for most of its Copa Airlines Colombia business, which had been losing money for several years, and which had lost $29.7 million in the first half of 2016. In November 2019, Wingo announced Carolina Cortizo as their appointed managing director.

References

  1. "Copa Holdings SA". United States Securities & Exchange Commission Form 20-F. 2010-03-23. Retrieved 2010-03-23.