COPA
AIRLINES REPORTS AN 84.1 PERCENT
ON-TIME
PERFORMANCE LEVEL FOR FOURTH QUARTER 2007
Panama,
Jan. 24, 2008
- - Copa
Airlines, a subsidiary of Copa Holdings S.A. (NYSE: CPA), today reported
an
on-time performance of 84.1 percent and a flight completion factor of 99.3
percent for fourth quarter 2007. The airline measures and reports on-time
performance quarterly according to international standards established
for the
aviation industry worldwide.
“Our
on-time performance and completion metrics demonstrate that we consistently
provide what our customers value -- reliable service and on-time flights,
with
one of the youngest fleets in Latin America,” said Pedro Heilbron, CEO of Copa
Airlines.
During
fourth quarter 2007, Copa Airlines received recognition from Peruvian and
Argentinean transportation officials for being a leader in on-time performance
at the Lima and Buenos Aires airports, respectively.
Copa
Airlines operates from a strategic location at the Hub of the Americas
in the
Republic of Panama. The airline is an associate member of the SkyTeam Global
Alliance, through which it offers more than 15,200 daily flights to 841
cities
in 162 countries.
About
Copa Holdings, S.A.
Copa
Holdings, through its Copa Airlines and AeroRepública operating subsidiaries, is
a leading Latin American provider of passenger and cargo service. Copa
Airlines
currently offers more than 126 daily scheduled flights to 40 destinations
in 21
countries in North, Central and South America and the Caribbean. In addition,
Copa Airlines provides access to flights to more than 120 international
destinations through codeshare agreements with Continental Airlines and
other
airlines. From the U.S., Copa offers nonstop service to Panama 20 times
a week
from Miami; daily from New York City, Los Angeles and Washington, D.C.;
and 12
times a week from Orlando. AeroRepública, 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, Cali, Cartagena and Medellin. For more information, visit www.copaair.com.