PANAMA CITY, Dec 22, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Following its successful Initial Public Offering on December 15, 2005, Copa Holdings, S.A.'s (NYSE: CPA) Honorary Chairman, Don Alberto Motta, joined by executives, directors and employees of the Company, presided the Opening Bell Event at the New York Stock Exchange. Also attending were Mr. Stanley Motta (Chairman) and Mr. Pedro Heilbron (Chief Executive Officer).

(Photo: http://www.newscom.com/cgi-bin/prnh/20051222/MXTH002 )

Copa Holdings, through its Copa Airlines subsidiary, is a Latin American provider of international passenger and cargo service. Copa Airlines currently offers approximately 80 daily scheduled flights to 30 destinations in 20 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.

Contact:
    Joseph Putaturo
    Director -- Investor Relations
    Phone: (507) 303-3348
    e-mail: jputaturo@copaair.com

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SOURCE Copa Holdings, S.A.

Joseph Putaturo, Panama , Director of Investor Relations of Copa Holdings, S.A.,
+1-507-303-3348, jputaturo@copaair.com

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