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12-May-2020 10:44 AM Panama’s Copa Holdings entered the crisis spurred by the COVID-19 pandemic in better shape than some of its peers in Latin America, but the company still faces challenging times. And as a result, Copa is joining airlines worldwide in attempting to build ample liquidity at the same time as contemplating its future size in a post pandemic world. Similarly to many other airlines, Copa could emerge from the crisis as a smaller company, and the airline is already taking steps in that direction by outlining its evaluation of whittling its fleet down to two types –
February 7, 2020 Avianca Holdings CEO Anko van der Werff commented on the JBA being negotiated with United Airlines, Copa Airlines and Azul, stating that the terms are almost complete and will be presented to authorities in 2020 (Estrategia y Negocios, 05-Feb-2020). Mr van der Werff said the implementation of the agreement is expected to commence in 2021. He added the agreement will allow the carriers to “coordinate capacity” to the US, allowing for better connectivity with United Airlines‘ domestic network. Mr van der Werff ensured that the agreement will not reduce capacity, but it will