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Copa Airlines Reaffirms its Regional Leadership, Announces New Flight to Boston

   Copa Airlines Reaffirms its Regional Leadership, Announces New Flight to
                                    Boston

-- Copa Airlines will begin daily nonstop flights to Boston, Massachusetts,
bringing the total of U.S. destinations served by the airline to eight, and
making Copa the first airline to offer direct connecting service between
Boston and Central and South America, through the Hub of the Americas in
Panama.

-- In July 2013, the Panamanian airline will increase flight frequencies to
three key destinations: Orlando, Florida, U.S.; Punta Cana, Dominican
Republic; and Port of Spain, Trinidad and Tobago.

-- Copa also will expand its fleet, taking delivery of seven state-of-the-art
Boeing 737-800 aircraft with the Sky Interior design; Copa's fleet will reach
90 aircraft by the end of 2013.

PR Newswire

PANAMA CITY, Jan. 23, 2013

PANAMA CITY, Jan. 23, 2013 /PRNewswire/ -- Copa Airlines, subsidiary of Copa
Holdings, S.A., {NYSE: CPA} today announced its growth plan for the first half
of 2013, which includes the start of new nonstop service to Boston,
Massachusetts in the United States; an increase in flight frequencies to three
of its main destinations; and expansion of its fleet. 

The growth strengthens the airline's regional leadership, offering the fastest
and most efficient way to make connections throughout Latin America through
the Hub of the Americas in Panama, as well as providing its passengers more
flight options and better connections throughout Copa's extensive route
network.

"Copa continues its sustained growth in 2013, strengthening our leadership
position in Latin America through our Hub of the Americas – the most
successful and efficient hub for flights to, from and within Latin America,"
said Pedro Heilbron, CEO, Copa Airlines. "These efforts will increase the
appeal of our product, allowing us to offer our passengers more flight options
and destinations with unsurpassed regional connectivity, an on-time
performance level among the best in the industry and world-class service." 

During 2013, the airline will take delivery of seven new Boeing 737-800 Next
Generation aircraft with innovative Sky Interior design this year, bringing
Copa's fleet total to 90 modern and efficient aircraft.

The continuous growth of Copa during the last years has not only positively
impacted the Panamanian economy, but also the development of commerce and
tourism in Latin America, by opening key markets with the best connectivity
throughout the different cities in its vast network. As a result, the
airline continues to invest in the expansion of its Hub of the Americas in
Panama, offering more flights to more destinations throughout the continent.

Boston, 8th U.S. destination

On July 10, Copa Airlines will begin flights to Boston, Massachusetts in the
U.S., adding to its network of destinations in North America. Boston – an
important academic, business and cultural destination – will be the eighth
U.S. city in Copa's network. Travelers will be able to fly nonstop from
Panama to this major U.S. city; passengers from cities such Sao Paulo, Bogota,
San Jose, Lima and Santiago, among others, will have increased access to
convenient connections.

In addition, Copa Airlines will be the first airline to connect Boston with
Central and South America through the Hub of the Americas in Panama. The new
direct Panama - Boston flight will operate daily with convenient schedules.

Increase in frequencies: more opportunities for connections

By mid-year, Copa Airlines also will increase flight frequencies to three
important destinations: Orlando, Florida in the U.S.; Punta Cana, Dominican
Republic; and Port of Spain, Trinidad and Tobago, adding connectivity
throughout its route network. The frequencies will increase as follows:

Destinations                       Daily Flights
                                   In 2012 In 2013
Orlando, Florida                   3       4
Punta Cana, Dominican Republic     3       4
Port of Spain, Trinidad and Tobago 1       2*

*second flight 5 times a week

As of July, Copa Airlines will offer service to 65 destinations in 29
countries in North, Central and South America and the Caribbean from its Hub
of the Americas at Tocumen International Airport in Panama City, reinforcing
its position as the hub on the continent with the most destinations and
international flights.

In addition, Copa Airlines will open its fourth Copa Club in the region – in
San Jose, Costa Rica – and will expand its well-known Copa Club at the Hub of
the Americas in Panama City.

Copa transported 10.1 million passengers in 2012, an increase of 17 percent
compared to the previous year.

Copa Airlines' Major 2012 Achievements

  oTransported 10.1 million passengers
  oNamed winner of Airline Business magazine's "Regional Leadership" category
    in the Airline Business Strategy Awards 2012
  oAdded five destination to its route network: Curacao; Guanacaste, Costa
    Rica; Recife, Brazil; Las Vegas, Nevada; Iquitos, Peru
  oAdded 87 flight frequencies to existing destinations 
  oAchieved an on-time performance of close to 90 percent, placing it among
    the best in the industry 
  oIn June 2012, joined Star Alliance, the largest and most prominent airline
    network in the world
  oTook delivery of 10 new Boeing 737-800 Next Generation airplanes, ending
    the year with a fleet of 83 aircraft
  oCelebrated 65 years of uninterrupted operations since its establishment in
    1947
  oCelebrated 20 years of operation of the Hub of the Americas at Tocumen
    International Airport in Panama, the leading hub for connectivity in Latin
    America
  oExperienced a 24 percent growth in capacity compared to 2011

About Copa Holdings, S.A.

Copa Airlines and Copa Airlines Colombia, subsidiaries of Copa Holdings, are
leading Latin American providers of passengers and cargo services. The
airlines provide service to 64 destinations in 29 countries in North, Central
and South America and the Caribbean, operating one of the youngest and most
modern fleets in the industry, consisting of 83 aircraft: 57 Boeing Next
Generation 737s and 26 Embraer-190s. To make reservations or seat selection,
access MileagePlus frequent-flier accounts, keep a trip log, check in for
flights, print boarding passes and purchase tickets through secure
transactions in 11 different currencies, visit copa.com. Copa recently
launched its mobile Internet site, m.copa.com, becoming the first airline in
Latin America to offer passengers the ability to use electronic boarding
passes. Copa Airlines joined Star Alliance in 2012.

CPA-G

SOURCE Copa Airlines

Contact: +011-507-304-2677, mediarelations@copaair.com
 
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