Copa Holdings (NYSE: CPA) is expanding its fleet, taking delivery of two 737s in the first quarter, upping the total fleet to 101 aircraft. And that’s helping growth along with rising demand for each seat the company has.
The increased demand environment has been a boon for airlines recently, and as a low-cost operator, Copa Holdings is taking advantage of the positive market trends. Here’s a look at what the company reported in the first quarter and what investors should look for going forward…