SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
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 July,
2007
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
Parque
Lefevre
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:
Press
Release - COPA
HOLDINGS S.A. COMPLIES WITH REQUIREMENTS OF SARBANES-OXLEY
ACT
SIGNATURES
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. | ||
| (Registrant) | ||
| |
|
|
| Date: 07/05/2007 | By: | /s/ Victor Vial |
|
Name:
Victor Vial
Title:
CFO
|
||
 |
 |
| PRESS RELEASE |
CONTACT:
Joseph
Putaturo - Panamá
Director-Investor
Relations
(507)
304-2677
|
COPA
HOLDINGS S.A. COMPLIES WITH REQUIREMENTS OF SARBANES-OXLEY
ACT
PANAMA,
July 3, 2007 - Copa
Holdings S.A. (NYSE: CPA) announces that it has successfully concluded all
work
required by Section 404 of the Sarbanes-Oxley Act (SOX) related to internal
controls over financial reporting.
“Copa
Holdings’ successful completion of its internal control evaluation process
underscores our commitment to high ethical standards of corporate governance,
ongoing transparency and the effectiveness of our financial controls and
processes”, stated Mr. Victor Vial, Chief Financial Officer of Copa
Holdings.S.A.
Created
to protect shareholders of publicly-held companies against accounting fraud
risks and improve the reliability of financial reporting, Section 404 of
SOX
requires companies to document and evaluate their internal controls over
financial reporting. This includes maintenance of records to fairly reflect
transactions and provide reasonable assurance regarding preparation of financial
statements and prevention or timely detection of unauthorized acquisition,
use,
or disposition of our assets that could have a material effect on our financial
statements.
Another
requirement of Section 404 of SOX is that our independent auditors
perform an audit of our internal controls over financial reporting;
this
audit has been carried out and has concluded that our internal controls over
financial reporting were effective and that management's evaluation of the
effectiveness of controls was fairly stated.
Copa
Holdings, through its Copa Airlines and Aero Republica operating subsidiaries,
is a leading Latin American provider of passenger and cargo service. Copa
Airlines currently offers approximately 110 daily scheduled flights to 36
destinations in 21 countries in North, Central and South America and the
Caribbean. 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. Aero Republica,
the
second-largest domestic carrier in Colombia, provides service to 11 cities
in
Colombia as well as international connectivity with Copa Airlines’ Hub of the
Americas through daily flights from Bogota, Cartagena, Cali and
Medellin.
CPA-G