PANAMA CITY
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PANAMA CITY, Jan. 24 /PRNewswire-FirstCall/ -- 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 AeroRepublica operating
subsidiaries, is a leading Latin American provider of passenger and cargo
services. 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. AeroRepublica, 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
http://www.copaair.com.
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