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Copa Airlines Receives Delivery of Boeing 737-800 Aircraft

Posted on: Thursday, 1 November 2007, 15:00 CDT

PANAMA CITY, Nov. 1 /PRNewswire-FirstCall/ -- Copa Airlines, a subsidiary of Copa Holdings S.A. , received delivery today of a Boeing 737-800 aircraft. Copa's fleet now consists of 26 Boeing 737 Next Generation aircraft and 10 EMBRAER-190 aircraft. Copa Airlines has one of the youngest fleets in the Americas, with an average age of 3.7 years.

Copa will operate the Boeing aircraft on long-distance routes between its Hub of the Americas in Panama and various Latin American and U.S. destinations.

"The Boeing 737 not only allows us to increase capacity and range, its advanced technology features such as blended winglets help us save on fuel and reduce engine maintenance costs," said Pedro Heilbron, CEO, Copa Airlines. "Our investment in technology and onboard comfort, along with our excellent service, make Copa Airlines the best travel option in the Americas."

The Boeing 737-800 is the largest airplane in Copa's fleet, configured for 155 passengers -- 14 in Executive Class and 141 in the main cabin. The comfortable aircraft has a spacious interior, large overhead luggage compartments, seats with adjustable headrests, and a 12-channel audio/video entertainment system.

In May, Copa placed an order for four Boeing 737-800s for delivery in 2011 and 2012. That order increased the airline's outstanding Boeing 737 Next Generation orders from six to 10, with options for additional orders.

About Copa Holdings

Copa Holdings, through its Copa Airlines and AeroRepublica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers 126 daily scheduled flights to 40 destinations in 21 countries in North, Central and South America and the Caribbean through its Hub of the Americas based in Panama City, Panama. Copa offers nonstop flights to Panama and connections throughout the Americas from five U.S. cities: three times daily from Miami; daily from New York City, Los Angeles and Washington, D.C.; and 10 times a week from Orlando. In addition, Copa Airlines provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with Continental Airlines and other airlines. AeroRepublica, the second-largest carrier in Colombia, provides service to 12 cities in Colombia as well as international connectivity with Copa Airlines' Hub of the Americas through flights from Bogota, Bucaramanga, Cali, Cartagena and Medellin. For more information, visit http://www.copaair.com/.

CPA-G

Copa Airlines

CONTACT: In Panama, Patricia Roquebert, Copa Airlines, +011-507-304-2926, in the U.S., Neylu Longoria, for Copa Airlines, +1-210-277-2934

Web site: http://www.copaair.com/

Source: PRNewswire-FirstCall

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