Copa Airlines Begins Second Daily Frequency Between Santiago and Panama City
11 January 2006 - 4:10AM
PR Newswire (US)
PANAMA CITY, Jan. 10 /PRNewswire-FirstCall/ -- Copa Airlines,
subsidiary of Copa Holdings, S.A. (NYSE:CPA), will begin today its
second frequency between Santiago, Chile, and its Hub of the
Americas in Panama City. "Passenger traffic growth between Chile
and Panama has led to a second frequency between both countries.
With this second frequency, we reaffirm our intention to offer the
best flight alternatives to the main cities in the Americas, while
offering our passengers convenient schedules and immediate
connections through our Hub in Panama," said Jorge Garcia,
Commercial Vice-President of Copa Airlines. The flight will
originate from Copa Airlines' Hub of the Americas in Panama City
with non-stop service to Santiago, utilizing a Boeing 737-700
aircraft with capacity for 124 passengers, 12 in Business Class
("Clase Ejecutiva") and 112 in the main cabin. The flight schedule
is: Route Frequency Departure Arrival Panama-Santiago Daily 11:33
a.m. 6:48 p.m. Santiago-Panama Daily 12:20 p.m. 6:00 p.m. For more
information about flight schedules and fares please visit
http://www.copaair.com/ . During 2005, Copa Airlines added two new
Boeing Next Generation aircraft to its fleet, as well as two
Embraer 190's, closing the year with a fleet of 24 aircraft. The
airline also continued strengthening its Hub of the Americas,
increasing frequencies to and from Buenos Aires, Sao Paulo and
Bogota, as well as inaugurating a new route to San Andres,
Colombia. Copa Airlines (copaair.com) is a leading Latin American
provider of international airline passenger service. Operating from
its strategic location at the Hub of the Americas in the Republic
of Panama, Copa currently offers approximately 80 daily scheduled
flights to 30 destinations in 20 countries in North, Central and
South America and the Caribbean. In addition, Copa provides
passengers with access to flights to more than 120 other
international destinations through codeshare agreements with
Continental Airlines and other airlines. Copa and Continental also
share a strategic alliance partnership that includes joint
participation in Continental's award-winning frequent flyer
program, OnePass(R). For more company information, visit
http://www.copaair.com/ . This release includes "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are based on
current plans, estimates and expectations, and are not guarantees
of future performance. They are based on management's expectations,
which involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those
expressed in or implied by the forward-looking statements. The
Company undertakes no obligation to update or revise any
forward-looking statement. The risks and uncertainties relating to
the forward-looking statements in this presentation include those
described under the caption "Risk Factors" and "Special Note About
Forward- Looking Statements" in the Company's registration
statement on Form F-1 filed with the U.S. Securities and Exchange
Commission. CONTACT: Joseph Putaturo Director -- Investor Relations
Phone: +011-507-303-3348 e-mail: DATASOURCE: Copa Holdings, S.A.
CONTACT: Joseph Putaturo, Director of Investor Relations, Copa
Holdings, S.A., in Panama, +011-507-303-3348, or Web site:
http://www.copaair.com/
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