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Significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Schedule of Significant Subsidiaries

The following are the significant subsidiaries included in these financial statements:

 

Name

   

Country of
Incorporation

    Ownership
interest		  
       2017             2016      

Copa Airlines

    Panama      99 %      99 % 

Copa Colombia

    Colombia      99 %      99 % 

Oval

    British Virgin Islands      100 %      100 % 
Estimated Useful Lives of Assets and Considering Residual Value

Depreciation is recognized in the consolidated statement of profit or loss from the date the property, and equipment is installed and ready for use.

 

     Estimate useful    Residual  

Property and equipment

   

life (years)

    Value  

Flight equipment -

      

Airframe and engines

    27      15 % 

Major maintenance events

    3-16      —    

Ramp and miscellaneous -

      

Ground equipment

    10      —    

Furniture, fixture, equipment and other

    5-10      —    

Leasehold improvements

    Lesser of remaining lease term and estimated useful life of the leasehold improvement      —