The 737 MAX's Grounding Can't Stop Copa Holdings' Growth
Investors are starting to see the impact of the grounding of Boeing (NYSE: BA) 737 MAX aircraft, and Copa Holdings (NYSE: CPA) is one of the companies feeling the pinch. Flights were down in the second quarter of 2019, and if it weren't for rising yields and revenue per mile, we could have seen a bad quarter.
But operating conditions continue to be strong for the airline business in Latin America, and Copa is holding up well.
Image source: Getty Images.
Source Fool.com
