Solid demand trends absorbed the negative effects of the 737 MAX grounding during the quarter.
News & Analysis: Copa Holdings
The airline navigated through significant headwinds to deliver a strong first-quarter performance.
Too-expensive fuel and too-cheap South American currencies hurt profits at the Panamanian carrier in the third quarter.
Both sales and profits fall short of estimates.
Copa Holdings shares continued to rise last month, as analysts became more bullish about the stock.
A weaker U.S. dollar is good news for airlines outside the United States.