Let's look at whether the Latin American carrier's shares deserve the premium they're currently enjoying in the airline industry.
News & Analysis: Copa Holdings
Demand is booming in Latin America's air travel market.
Shares are flying high on the wings of an earnings beat.
CPA earnings call for the period ending June 30, 2019.
On a slow market day, one industry stood out.
People are still flying, but poor economies in Latin America mean ticket prices are down.
One earnings beat and the potential for a second helping sent Copa Airlines' stock flying.
CPA earnings call for the period ending .
The airline navigated through significant headwinds to deliver a strong first-quarter performance.
When the economy goes south, so do earnings for airlines.