Copa Holdings reports net income of S$92.8 million for the fourth quarter of 2010

Copa Holdings reported net income of $92.8 million for as compared to net income of $ 70.4 million in 4Q09. Excluding special items, Copa Holdings reported an adjusted net income of $81.2 million, representing a 23.7% increase over adjusted net income of $65.7 million in 4Q09. Net income for full year 2010 reached $212.1 million compared to $240.4 million for full year 2009. Excluding special items, however, Copa Holdings reported an adjusted net income of $219.2 million compared to $201.7 for full year 2009, representing an increase of 8.7%.