Washington, D.C. 20549






Report of Foreign Issuer


Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934


Report on Form 6-K dated For the month of May, 2017



Copa Holdings, S.A.

(Translation of Registrant's Name Into English)



Boulevard Costa del Este, Avenida Principal y Avenida de la Rotonda

Urbanización Costa del Este

Complejo Business Park, Torre Norte


Panama City, Panama

(Address of principal executive offices)



(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)


Form 20-F x Form 40-F ¨


(Indicate by check whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)


Yes ¨ No x


(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b);82-             )




Enclosure: Copa Holdings, S.A. announces minor changes in presentation of its Financial Statements.







Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. 


  Copa Holdings, S.A.
 Date: 5/3/2017  
  By:  /s/ José Montero
    Name: José Montero
    Title: CFO




Copa Holdings Announces Minor Changes In Presentation Of Its Financial Statements

PANAMA CITY, May 3, 2017 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) announced today that during February 2017, the Company implemented a new business, planning and financial consolidation system. This system improves and standardizes the structure and presentation of the financial statements through a new classification of the chart of accounts.

This new classification of the chart of accounts resulted in the reclassification of certain lines in the statement of financial position and the statement of profit or loss.

The Company does not believe these reclassifications significantly affect the analysis and interpretations based on the financial information previously reported.

A summary of the changes, the reclassified 2016 Financial Statements, and comparison between the reclassified and previously reported 2016 Financial Statements can be found in the Events and Presentations section of the Company´s Investor Relations website, found on the following link:

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 74 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 101 aircraft: 80 Boeing 737NG aircraft and 21 EMBRAER-190s. For more information visit:


CONTACT: Raúl Pascual – Panamá
Director – Investor Relations
(507) 304-2774