Skip to content
Encuentra Ecuador Search

Company profile

Active

Compania Panamena de Aviacion S.A.

RUC 0991273514001 · Quito, Pichincha

Registry data

RUC
0991273514001
Legal name
COMPANIA PANAMENA DE AVIACION S.A.
Trade name
COPA AIRLINES S.A.
Size segment (SCVS)
Large · 2025
Incorporation date
November 15, 1993
Start of activities (SRI)
November 15, 1993
Subscribed capital
$25,000
Economic activity
Air transport of passengers over regular routes and on regular schedules
ISIC code
H5110.01
Last year with filed statements
2025
Address
Republica del Salvador 361, Moscu, Benalcazar
Location
Quito, Pichincha
Region
Sierra

Financial statements

Current ratio
0.22
Debt ratio
99.9%
Net margin
0.0%
Return on equity (ROE)
0.0%
Revenue vs 2024
+1.4%
Revenue by year 2000 → 2025 · ×6.5
$14.5 M
$116 M
$94.6 M
2000 2005 2010 2015 2020 2025
Net result by year
$2.6 M
−$2.7 M
$0
2000 2005 2010 2015 2020 2025
Employees by year 2008 → 2025 · ×6.0
5
1
133
30
2008 2011 2014 2017 2020 2025

The income statement · 2025

  • Revenue $94,557,221
  • Expenses $118,666,187
  • Net result $0

Balance sheet structure · 2025

What it owns

  • Current assets $4,397,430 21%
  • Non-current assets $16,435,715 79%

How it is financed

  • Current liabilities $20,155,055 97%
  • Non-current liabilities $653,090 3%
  • Equity $25,000 0%

“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.

Financial statements filed with the Superintendencia de Compañías, year by year
Year Revenue Net result Assets Equity Employees
2025 $94,557,221 $0 $20,833,145 $25,000 30
2024 $93,209,625 $0 $20,699,259 $25,000 30
2023 $93,234,503 $0 $28,718,907 $25,000 30
2022 $100,915,408 $0 $30,659,039 $25,000 28
2021 $87,648,558 $0 $38,027,070 $25,000 29
2020 $30,941,287 $0 $25,227,526 $25,000 27
2019 $103,772,935 $0 $28,385,330 $25,000 46
2018 $99,733,808 $0 $26,502,995 $25,000 15
2017 $91,862,430 $0 $36,038,970 $25,000 15
2016 $84,157,284 $0 $33,560,318 $25,000 106
2015 $116,496,058 $0 $101,644,337 $25,000 133
2014 $94,052,395 $0 $21,133,438 $25,000 110
2013 $77,109,282 −$2,009,830 $15,930,436 −$1,984,830 100
2012 $63,813,965 −$2,023,696 $10,062,707 −$1,998,696 101
2011 $45,740,571 −$2,734,677 $6,213,514 −$2,709,677 95
2010 $44,394,994 −$159,862 $4,544,711 $25,000 1
2009 $40,699,171 −$1,187,845 $6,181,418 $25,000 73
2008 $40,420,984 −$250,280 $1,867,878 $25,000 5
2007 $30,774,700 −$963,343 $913,815 −$938,343
2006 $27,994,596 −$1,665,636 $757,220 −$1,640,636
2005 $23,853,956 −$153,966 $2,598,169 $736,882
2004 $17,958,265 −$773,017 $1,836,930 $771,578
2003 $17,860,967 −$388,644 $3,879,443 $2,553,769
2002 $17,697,117 −$161,207 $3,912,640 $2,853,108
2001 $15,615,529 $112,624 $3,392,887 $2,925,829
2000 $14,503,290 $2,624,797 $3,299,498 $2,763,665

In 2025 it recorded revenue of $94,557,221 and a net result of $0, a margin of 0.0%.

Its 2025 revenue exceeds that of 99.7% of the 95,463 companies in the country that recorded sales that year. In Pichincha, it ranks 96th among the 32,639 on record. By the province where its RUC was registered, Guayas, it exceeds 99.7% of the 35,214 registered there.

Within its activity (ISIC code H5110.01, 59 companies with sales), its revenue exceeds that of 94.9%; the trade’s typical margin was 0.5%.

Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.

Tax status (SRI)

updated September 5, 2026
RUC status: Active
  • Phantom taxpayer: No
  • Nonexistent transactions: No
Tax regime
General regime The set of rules under which it files its taxes
Required to keep accounting books
Yes
Withholding agent
Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer
Yes Designated by the SRI for its size, with additional filing obligations
Start of activities
November 15, 1993

Establishments · 10 registered, 8 open

  • HEAD OFFICE Pichincha / Quito / Quito Distrito Metropolitano / Av. Republica de el Salvador N34-211 y Moscu Open
  • Guayas / Guayaquil / Tarqui / Ciudadela Kennedy Norte Local 22 y Av. Francisco de Orellana Open
  • Guayas / Guayaquil / Tarqui / Av. de las Americas S/N Open
  • Pichincha / Quito / Tababela / Tababela S/N y Via a Yaruqui Open
  • Azuay / Cuenca / Huaynacapac / Miguel Cordero S/N y Av. Paucarbamba Open
  • Pichincha / Quito / Quito Distrito Metropolitano / Av. Amazonas N6-114 y Av. Republica Open
  • Guayas / Samborondon / la Puntilla (Satelite) / Via Samborondon S/N Open
  • Manabi / Manta / los Esteros / a 2.5 KM al Este de la Ciudad de Manta SN y Via Jaramijo Open
  • Guayas / Guayaquil / Tarqui / Av. Juan Tanca Marengo S/N y Joaquin Orrantia Closed
  • Pichincha / Quito / Quito Distrito Metropolitano / Av. de los Shyris N35-174 y Suecia Closed

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 8 open establishments across 4 provinces, plus 2 closed.

Azuay: 1 companies Bolívar: no data Carchi: no data Cañar: no data Chimborazo: no data Cotopaxi: no data El Oro: no data Esmeraldas: no data Galápagos: no data Guayas: 3 companies Imbabura: no data Loja: no data Los Ríos: no data Manabí: 1 companies Morona Santiago: no data Napo: no data Orellana: no data Pastaza: no data Pichincha: 3 companies Santa Elena: no data Santo Domingo de los Tsáchilas: no data Sucumbíos: no data Tungurahua: no data Zamora Chinchipe: no data Galápagos

Azuay: 1 companiesBolívar: no dataCarchi: no dataCañar: no dataChimborazo: no dataCotopaxi: no dataEl Oro: no dataEsmeraldas: no dataGalápagos: no dataGuayas: 3 companiesImbabura: no dataLoja: no dataLos Ríos: no dataManabí: 1 companiesMorona Santiago: no dataNapo: no dataOrellana: no dataPastaza: no dataPichincha: 3 companiesSanta Elena: no dataSanto Domingo de los Tsáchilas: no dataSucumbíos: no dataTungurahua: no dataZamora Chinchipe: no data Point at or tap a province to see its figure

1 3

Provinces with a presence

  • Pichincha head office 3 locations
  • Guayas 3 locations
  • Azuay 1 location
  • Manabi 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 5, 2026. The location is the province and canton on record, not each site’s exact address.

Activity classification (ISIC)

  1. Transportation and storage
  2. Air transport
  3. Passenger air transport
  4. Passenger air transport
  5. Air transport of passengers over regular routes and on regular schedules

Frequently asked questions

What is the RUC of Compania Panamena de Aviacion S.A.?

The RUC (taxpayer registration number) of COMPANIA PANAMENA DE AVIACION S.A. is 0991273514001, according to Ecuador’s public corporate registry.

Is Compania Panamena de Aviacion S.A. active?

Yes. Its legal status in the registry is Activa.

What trade name does Compania Panamena de Aviacion S.A. use?

It operates under the trade name COPA AIRLINES S.A., according to the SRI’s RUC registry.

What does Compania Panamena de Aviacion S.A. do?

Its registered economic activity (ISIC H5110.01) is: Air transport of passengers over regular routes and on regular schedules

Where is Compania Panamena de Aviacion S.A. located?

Its registered address is in Quito, province of Pichincha, Ecuador.

When was Compania Panamena de Aviacion S.A. incorporated?

It was incorporated on November 15, 1993, as a branch of a foreign company.

Related companies

Corporate information from official public records of Ecuador · where this data comes from