Copa Airlines announces flights to three new destinations and consolidates its leadership in the region

Copa Airlines

Panama City, Panama - January 22, 2014. - Copa Airlines, subsidiary of Copa Holdings, SA, {NYSE: CPA} today announced its growth plans for the first half of 2014, including the start of three (3 ) new direct flights from Panama to Montreal, Canada, Fort Lauderdale, USA and Georgetown, Guyana, expanding its aircraft fleet and 10% growth in available seats.

With this growth, the airline strengthens its leadership in the region, from its Hub of the Americas in Panama, offers passengers in Montreal, Fort Lauderdale and Georgetown the fastest and most efficient way to connect with Latin America, providing their passengers more flight options and better opportunities connection with its extensive route network.

"Our growth in recent years has allowed us to strengthen our leadership position in aviation in the region and consolidate the Hub of the Americas at the center of most successful and efficient connections for travel to, from and within Latin America," said the airline CEO, Pedro Heilbron. "Our success has benefited Latin America, promoting business and creating jobs and investment in Panama," he added.

Among the plans for 2014, the airline will add to its fleet 8 new Boeing Next Generation 737-800 aircraft, with which will increase its fleet to 98 aircraft next generation technology, and increases by 10% in seat capacity offered .

New destinations:

  • Montreal, Canada: Strengthening the network of destinations in northern Europe, Copa Airlines will offer four weekly flights to the city of Montreal, one of the largest in the world, besides being a tourist destination renowned cultural centers. This new flight will operate from June 2 of this year. Montreal is the second Canadian city where the airline operates.
  • Fort Lauderdale, USA: Passengers from across the continent will have the option of traveling to the beautiful city of Fort Lauderdale, USA with new flights will initially operate four times a week via the Hub of the Americas from the July 11, 2014. The coastal region of tourism boom and growing Latin American population, will be the fourth destination Cup in the state of Florida.
  • Georgetown, Guyana: From July 11, 2014, Copa will offer flights with a frequency of 2 times per week at Georgetown, the capital and largest city of the Cooperative Republic of Guyana. This new route will be Copa Airlines' first foray into the South American country and connects a new market with the attractions of Panama and the region.

With these additions, since the middle of this year, Copa Airlines will offer flights to a total of 69 destinations in 30 countries in North, Central, South America and the Caribbean from its Hub of the Americas at Tocumen International Airport in Panama City , consolidating it as the center of connections to more destinations and international flights within the continent.

The airline also took stock of 2013, among the most relevant to review mentioned:

  • Panamanian airline carried 11,316,678 million passengers in the year.
  • It reached a 14% growth in seating capacity offered.
  • She was awarded by Skytrax in the categories of "Best Airline and" Best Cabin Staff and Airports "in Central America and the Caribbean.
  • Added 2 new destinations in its route network: Boston, Massachusetts, and Tampa Bay, Florida.
  • It added 13 new flight frequencies to key destinations already served.
  • It achieved a punctuality rate of close to 90%, the level of the best airlines in the world.
  • Throughout the year, received 7 new Boeing 737-800 Next Generation aircraft, closing 2013 with a fleet comprised 90 aircraft.
  • It closed 2013 with a total of 5,783 employees in Panama and 8,644 in America.

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