Copa airlines news | |
| The World Airline Report: Location, Location, Location Airlines in most parts of the world are overcoming the impact of high fuel prices but in North America red ink is the norm. Continental to sell 6.6 million shares of Copa Copa Holdings SA is offering about 6.6 million shares of Class a non-voting shares that are being sold by Continental Airlines Inc. Copa Holdings Sells 6.6M Shares Copa Holdings SA, a passenger and cargo airline company based in Panama, said Thursday it filed with the Securities and Exchange Commission to sell about 6.6 million shares of common stock in a public offering by shareholder Continental Airlines Inc. SWA Again Most Profitable, Eyes Denver OCTOBER 20, 2005 -- Southwest Airlines today announced a third-quarter net income of $227 million, once again the best performance of any U.S. carrier. The airline today also said it would again serve Denver starting early next year, after a 20-year absence. Copa Holdings Files Registration Statement for Secondary Public Offering of Class A Common Stock Copa Holdings, S.A. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed offering by Copa Holdings of 6,562,000 shares of Class A non-voting shares by a selling shareholder, Continental Airlines, Inc. . Business News Copa Holdings, which owns Copa Airlines and AeroRepublica, will not receive any of the proceeds. After the sale, Continental Airlines will have a 12.3% stake in Copa Holdings. Copa Holdings May Traffic Jumps Copa Holdings SA, parent of Copa Airlines and AeroRepublica, on Monday reported a 25.3 percent jump in May passenger traffic on a slightly larger increase in capacity. Copa Holdings Announces 25.3% Traffic Growth for May 2006 Copa Holdings, S.A. , and its Copa Airlines and AeroRepublica operating subsidiaries, today released preliminary passenger traffic statistics for May 2006: ATW Daily News Varig and the group of employees and unidentified investors who bid for the carrier, NV Participacoes, were granted another extension by Rio de Janeiro bankruptcy court Judge Luiz Roberto Ayoub, who had given the group until Wednesday to make a case for its BRL1.01 billion ($439 million) bid ( ATWOnline , June 13) . The court now will reconsider the bid next week, giving it time to examine ATW Daily News Air France and Ryanair are at odds again, with AF initiating legal action to prevent Ryanair from benefiting from lower charges at Marseille-Provence and Ryanair filing another complaint to the European Commission concerning Air Frances latest attempt to block competition from low fares airlines in France. | |