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This shows growth of 81.3% compared to the net income of USD30.4m, or USD0.70 per diluted share, recorded for the same period of last year.
Excluding special items, which include a USD27.1m non-cash gain on the mark-to-market of fuel hedge contracts, Copa reported adjusted net income for the period of USD28.1m, or USD0.64 per diluted share, compared to an adjusted net income of USD24.8m, or USD0.57 per share, for the second quarter of 2008.
Total revenues for the second quarter of 2009 were USD277.6m, down 6.8% year-on-year.
The company stated that its passenger traffic in May and June 2009 was affected by the outbreak of swine flu, which it estimates reduced its consolidated passenger revenue by around USD12m.
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