Panama's Copa Airlines warns it may lack the cash to keep operations afloat [Yahoo! Finance News]
Copa Holdings, S.A. Copa Holdings, S.A. Class A (CPA)
Last copa holdings, s.a. copa holdings, s.a. class a earnings: 2/12 04:45 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.shareholder.com/copa
Company Research
Source: Yahoo! Finance News
By Marcelo RochabrunSAO PAULO, April 27 ) - Panama's Copa Airlines said on Monday it may not have enough liquidity to survive the coronavirus crisis despite cutting costs, becoming the second major Latin American airline to suggest that it may cease to exist due to the outbreak."Even after giving effect to our cost saving initiatives, we may not have sufficient liquidity to operate our business," Copa said, noting that under a conservative estimate it could burn through almost 70% of its available cash by year's-end.Copa said it has $1.13 billion in cash but expects to run through more than $750 million in the next nine months."It is possible that our monthly cash burn rate could be significantly higher than the levels we currently anticipate," Copa said.Copa also said on Monday it was seeking to sell $350 million in 5-year bonds that can be converted to equity.Shares in Copa, which unlike many of its global cohorts has yet to seek a taxpayer bailout, were falling more than 12% in New
Show less
Read more
Impact Snapshot
Event Time:
CPA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPA alerts
High impacting Copa Holdings, S.A. Copa Holdings, S.A. Class A news events
Weekly update
A roundup of the hottest topics
CPA
News
- Does Copa Holdings Q3 Earnings Beat Justify a Buy Decision Today? [Yahoo! Finance]Yahoo! Finance
- Copa (NYSE:CPA) is now covered by analysts at Itau BBA Securities. They set a "market perform" rating on the stock.MarketBeat
- Allegiant's October 2025 Traffic Numbers Improve Year Over Year [Yahoo! Finance Canada]Yahoo! Finance Canada
- Copa Holdings Remains A 'Strong Buy' Despite Q3 Sell-Off [Seeking Alpha]Seeking Alpha
- Copa Holdings' Q3 Earnings Surpass Estimates, Revenue Miss [Yahoo! Finance]Yahoo! Finance
CPA
Earnings
- 11/19/25 - Beat
CPA
Sec Filings
- 12/1/25 - Form 144
- 11/20/25 - Form 6-K
- 11/14/25 - Form SCHEDULE
- CPA's page on the SEC website