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Copa Holdings reports Q1 EPS $4.28, consensus $4.05

Reports Q1 revenue $899.18M, consensus $887.86M. Capacity, measured in available seat miles or ASMs, increased by 9.5% year over year. Operating cost per available seat mile excluding fuel, or ex-fuel CASM, decreased 4.3% compared to 1Q24 to 5.8c. Revenue per available seat mile or RASM decreased 8.1% compared to 1Q24 to 11.5c.

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