Copa: brands it owns and its ownership tree
Copa (NYSE: CPA) is a publicly listed company headquartered in Panama City, Panama that owns 4 consumer brands.[1][2]
Copa Holdings is the Panamanian holding company for Copa Airlines and the low-cost brand Wingo, incorporated on 6 May 1998 to allow CIASA to sell a 49 per cent stake in the airline to Continental Airlines. Continental sold its last shares in 2008; CIASA still holds all the Class B voting shares and 26.6 per cent of the capital, and the rest trades on the New York Stock Exchange after a December 2005 listing. The group flew 125 Boeing aircraft at the end of 2025, offers about 436 daily flights to 84 destinations in 32 countries from its Panama City hub, and reported revenue of $3.6 billion and an operating profit of $819.0 million for the year.
-
brands owned
-
1
categories
-
0
acquisitions recorded
-
0
divestitures recorded
Company facts
- Legal name
- Copa Holdings, S.A. (also Copa Holdings)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇵🇦 Panama City, Panama
- Founded
- 1998
- Tickers
- NYSE: CPA
- Revenue
- $3.62 billion (2025)[2]
- SEC CIK
- 0001345105
- Website
- www.copa.com
- Last verified
- · 2 sources
What Copa's annual report says about its business
Read from Copa's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Air transportation:
The Company's business activities are conducted as one operating segment Air transportation (that includes cargo and mail revenue), the reporting results of which are regularly reviewed by management for purposes of analyzing its performance and making decisions about resource allocations.
- air transportation CGU:
For impairment testing, goodwill acquired through business combinations is allocated to the air transportation CGU which is also the operating and reportable segment of the Company.
Acquisitions and disposals named in the filing
- Acquired: second B737 Virtual Procedure Trainer (VPT) (2011).
Another important acquisition in 2011 was the second B737 Virtual Procedure Trainer (VPT), which complements the new FFS training.
- Sold or exited: three B737-700 aircraft (2021).
In 2021, we sold three B737-700 aircraft.
- Sold or exited: two B737-700 airframes (During 2022).
During 2022, we sold two B737-700 airframes, restored capacity to pre-pandemic levels and expanded our network with new frequencies and routes.
- Sold or exited: five Embraer 190 aircraft (2019).
In October 2018, Copa signed an aircraft sale and purchase agreement for the sale of five Embraer 190 aircraft in 2019.
Copa in numbers
- Copa owns 4 consumer brands tracked here across 1 top-level categories; the largest is travel & transport with 4 brands.[1]
- 2 of its brands originated outside Panama.
Copa financial history
Headline figures from Copa's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $801m to $3.62bn, an average of 35.2% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $3.62bn | $819m | 22.6% | $671.6m | $6.58bn | $1.81bn | 20-F | |
| $3.45bn | $753m | 21.8% | $608.1m | $5.74bn | $1.42bn | 20-F | |
| $3.46bn | $807.2m | 23.4% | $514.1m | $5.2bn | $1.24bn | 20-F | |
| $2.97bn | $450.4m | 15.2% | $348.1m | $4.69bn | $1.3bn | 20-F | |
| $1.51bn | $152m | 10.1% | $43.8m | $4.25bn | $1.23bn | 20-F | |
| $801m | $-460,930,000 | -57.5% | $-607,062,000 | $3.85bn | $1.04bn | 20-F |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Copa owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- ConnectMiles
- Copa Airlines (99.9%)
- Copa Airlines Colombia (99.9%)
- Wingo
Full-screen interactive tree →
Brand portfolio by category
Travel & transport (4)
- ConnectMiles
- Copa Airlines (99.9%)
- Copa Airlines Colombia (99.9%)
- Wingo
Copa in the global legal-entity registry
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
- Legal entity identifier (LEI)
- 529900BB9UQJV6QQHA59
- Registered name
- Copa Holdings S.A. (PA)
- Registration status
- Lapsed · record updated 15 July 2021
- Parent
- None named: it reports that no person or entity controls it.
- Retrieved
- · GLEIF record (JSON)
Copa SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer |
Frequently asked questions
What brands does Copa own?
Copa owns 4 consumer brands tracked here, including Copa Airlines, ConnectMiles, Copa Airlines Colombia and Wingo.
Is Copa a Panamanian company?
Yes. Copa is headquartered in Panama City, Panama and was founded in 1998.
Who owns Copa?
Copa is a publicly listed company owned by its shareholders; it trades as CPA on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Copa Holdings, S.A. Annual Report on Form 20-F filed 2026-02-26 — SEC EDGAR, SEC Form 20-F, published 26 February 2026; retrieved 22 September 2026.
- [2] Copa Holdings, S.A.: Form 20-F for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 20-F, published 26 February 2026; retrieved 4 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.