Copa reports double digit operating margin in 4Q2017

    Copa Holdings attributed (21-Feb-2018) a 70% year-on-year increase in operating income in for 4Q2017 to a 2.9% increase in unit revenue per available seat mile (RASM) and a 4.2% reduction in unit costs. Operating margin for 4Q2017 came in at 17.8%, compared to an operating margin of 11.7% in 4Q2016. Copa Holdings reported a 59% year-on-year operating income in 2017. Operating margin was 17.4%, compared to an operating margin of 12.4% in 2016. [more – original PR]