Panama’s Copa Airlines has taken delivery of two new Boeing 737-800s as part of its ongoing fleet expansion, allowing the airline to continue to expand its “Hub of the Americas” at Panama City’s Tocumen International Airport (PTY) with more frequencies and destinations.
Copa Airlines’ parent Copa Holdings ― which also owns Colombian carrier Aero Republica ― operates one of the youngest fleets in the Americas. Its 58-aircraft fleet comprises 20 Boeing 737-700s, 11 Boeing 737-800s, 26 Embraer 190s and one MD-80. Copa Holdings expects to end 2010 with a consolidated fleet of 63 aircraft.
“Our fleet is a point of pride for our airline,” says Pedro Heilbron, CEO of Copa Airlines. “These new Boeing aircraft make it possible for us to continue growing our route network and increasing frequencies this year with a product that is attractive to our passengers.”
Copa Airlines announcedfirm orders for 15 Boeing 737-800s in 2009, as well as options to purchase eight additional aircraft. Copa now holds firm orders for 26 Boeing 737-800s, which will be delivered between 2010 and 2015. At Boeing list prices, these orders represent an investment of approximately $2 billion; however, as a volume customer, Copa is likely to be paying rather less on average for each of its 737-800s than the $77 million list price the $2 billion total implies.
The Boeing 737-800, the largest aircraft in Copa’s fleet, seats 160 passengers: 16 in Clase Ejecutiva (Business Class) and 144 in the main cabin. Copa features a 12-channel audio-visual entertainment system in its 737-800s.
Copa Airlines currently offers approximately 152 daily scheduled flights to 45 destinations in 24 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 provides service to 12 cities in Colombia as well as international connectivity with Copa Airlines’ Hub of the Americas through flights from Barranquilla, Bogota, Bucaramanga, Cali, Cartagena, Medellin and Pereira. Additionally, Aero Republica has international flights from Colombia to Caracas and Quito. For more information, visit www.copaair.com.