PANAMA CITY, Nov 27, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Copa Airlines, a subsidiary of Copa Holdings, S.A. (NYSE: CPA), announced the arrival of its fifth Embraer 190AR aircraft, increasing its fleet to 5 Embraer 190AR and 24 Boeing 737NG, for a total of 29 aircraft.

"The Embraer offers passengers reliable air travel in an aircraft of advanced technology, while at the same time giving us the flexibility to develop medium density markets", said Jorge Garcia Icaza, Commercial Vice President for Copa Airlines.

Copa Airlines' Embraer 190AR has a configuration of 94 seats, 10 in Business Class and 84 in Economy Class, and incorporates cutting edge technology such as winglets and highly efficient GE CF34-10E engines, as well as the most advanced in "fly by wire" technology by Honeywell Corporation.

Copa Airlines, a subsidiary of Copa Holdings, S.A. (NYSE: CPA), is one of the leading passenger airlines in Latin America. Operating from its strategic location at the Hub of the Americas in the Republic of Panama, Copa offers more than 110 daily flights to 35 destinations in 21 countries in North, Central and South America and the Caribbean. In addition, Copa provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with Continental Airlines and other airlines. Copa and Continental have a strategic alliance that includes joint participation in Continental's award-winning frequent flyer program, OnePass. For more information, visit www.copaair.com.

CPA-G

SOURCE Copa Airlines

Paola Valdes, Panama of Copa Airlines, +1-507-304-2927

http://www.copaair.com

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