PANAMA CITY, Aug 13, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Copa Airlines, subsidiary of Copa Holdings S.A. (NYSE: CPA), took delivery on August 9th of a Boeing 737-800 aircraft, increasing its fleet to 33 aircraft. Copa's fleet, one of the youngest in the Americas, now consists of 25 Boeing 737 Next Generation aircraft and eight EMBRAER 190s.

The Boeing 737-800 is the largest airplane in Copa's fleet, configured for 155 passengers -- 14 in Executive Class and 141 in the main cabin. The comfortable aircraft has a spacious interior, large overhead luggage compartments, seats with adjustable headrests, and a 12-channel audio/video entertainment system.

Copa will operate the Boeing aircraft on long-distance routes between its Hub of the Americas in Panama and various Latin American and U.S. destinations.

"The Boeing 737 gives us the ability to continue expanding our route network with more long-range nonstop flights from our Hub of the Americas in Panama," said Pedro Heilbron, CEO of Copa Airlines.

Between June and August, Copa is also taking delivery of three EMBRAER-190s, part of the airline's fleet-expansion plan.

Copa Airlines currently provides service to 39 destinations in 21 countries in North, Central and South America and the Caribbean through its Hub of the Americas based in Panama City, Panama.

About Copa Holdings

Copa Holdings, through its Copa Airlines and AeroRepublica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers approximately 116 daily scheduled flights to 39 destinations in 21 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. 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 daily flights from Bogota, Cali and Medellin. For more information, visit www.copaair.com. CPA-G

SOURCE Copa Holdings S.A.

Panama, Patricia Roquebert, +1-507-304-2926, for Copa Airlines

http://www.copaair.com

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