Copa Holdings, S.A. (CPA) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.354 Ladies and gentlemen, thank you for standing by. 00:00:02.354 -- 00:00:07.059 Welcome to COPPA Holdings' first quarter earnings call. 00:00:07.059 -- 00:00:11.404 During the presentation, all participants will be in a listen-only mode. 00:00:11.404 -- 00:00:14.588 Afterwards, we will conduct a question and answer session. 00:00:14.588 -- 00:00:19.934 At that time, if you have a question, you will have to press star 1-1 00:00:19.934 -- 00:00:25.020 on your telephone. As a reminder, this call is being webcast 00:00:25.020 -- 00:00:28.722 and recorded on May 14, 2026. 00:00:29.647 -- 00:00:34.672 Now I will turn the conference over to Daniel Tapia, Director of Investor 00:00:34.672 -- 00:00:38.073 Relations. Sir, you may begin. 00:00:38.135 -- 00:00:43.420 Thank you, Carmen, and welcome everyone to our first quarter earnings call. 00:00:43.420 -- 00:00:49.165 Joining me today are Mr. Pedro Hedron, Executive Chairman and CEO of Copa Holdings, 00:00:49.165 -- 00:00:51.828 and Peter Dunkersud, our CFO. 00:00:51.828 -- 00:00:56.748 First, Pedro will begin by going through our first quarter highlights. 00:00:56.748 -- 00:01:01.012 followed by Peter, who will discuss our financial results in more detail. 00:01:01.012 -- 00:01:04.735 Immediately after, we will open the call for questions from analysts. 00:01:04.735 -- 00:01:08.919 As a reminder, COPA Holdings financial reports have been prepared in accordance with 00:01:08.919 -- 00:01:11.822 international financial reporting standards. 00:01:11.822 -- 00:01:16.846 In today's call, we will discuss certain non-IFRS financial measures. 00:01:16.846 -- 00:01:21.891 A reconciliation of these measures to comparable IFRS measures can be found 00:01:21.891 -- 00:01:26.195 in our earnings release, w...