Copa Airlines presents results for the first semester

Copa Airlines presents results for the first semester

Copa Airlines presents first semester results with positive results and the announcement of two new destinations.

  • End of 2017 Copa Airlines plans to transport 13,6 million passengers with a growth of 6% in seats offered.
  • the airíneed to worká in strengthening its extensive route network by promoting its two new destinations to Mendoza (fourth destination in Argentina) and Denver (thirteenth destination in the United States)
  • Copa Airlines is preparing to take advantage of the opportunities that open up in the 2018 with the launch of the new Aerol MRO Maintenance Centerínea and Panamaá, the arrival of its first five Boeing 737MAX 9 and the inaugurationóTerminal No. 2 from Tocumen International Airport.

Copa Airlines {NYSE: CPA} subsidiary of Copa Holdings, S.A., and member of the global Aerol networkíneas Star Alliance, presentó in díyou have passed the actions máwith relevant de su operationón between January and June 2017, the key projects you will haveán place until the end of añO, and plans for 2018. Among the factsás highlighted within the first semester of the 2017, the compañíto highlightó its commitment to strengthening its connectivity with the announcement of two new destinations:

Denver and Mendoza. The city of Denver, in colorado, it's destinyúmero 13 of Copa Airlines in the United States, which to startá operations 11 from December. Mendoza, it's destinyúmero 4 in Argentina, the same as startingá operations from próximo 15 of November. Además, the airínea highlightedó the alliance with Turkish Airlines signed last April that seeks, a través of a cóI say shared, connect passengers from the continent with Istanbul and Europe throughés of the partners' respective hubs in both hemispheres.

Copa Airlines Ecuador Quito Guayaquil
Marisol Ruiz, Sales Manager Copa Airlines Ecuador and Miguel Reyes, General Manager Copa Airlines Ecuador

Regarding the operationón in Ecuador, Miguel Reyes, General Manager of Copa Airlines in the país, explains that it is precisely the connectivity factor combined with the company's world-class service.ñíwhich has also allowedén a la surgeryón local obtain favorable figures. “Our passengers can connect, a través of our “Am Hubérich” in Panamaá, a 75 destinations in 31 países, in North, Center, Gloomyérich and the Caribbean. This important differentiating factor has translated into approximately 190.000 passengers and near 1.900 tons of cargo transported during the first half of the yearño a través de 4 daily flights we offer to Panamaá from Quito and from Guayaquil”.

Sayún informó Copa Airlines, while 2015 and 2016 they went toñThe challengers in the main economic sectorsómonkeys of the regionón, in specífic for Copa Airlines was a time of recoveryón, thanks to the optimizationón of resources, discipline and operational flexibility the aerolínea predicts a closure ofñor very positive with a projectionón of growth of 6% in seats which translates into 13,6 million passengers, that is to say 800 mil más that in 2016 by the end of toñO.

further, The company is preparing to take advantage of the opportunities that will openán and 2018 with important investments and modernization projectsófleet number and technologyía. Así for instance, the launch of the new Aerol MRO Maintenance Centerínea and Panamaá, whose investmentón amounts to 15 millions of dóhomes, to allowá perform major maintenance on three aircraft in its aircraft fleet, Boeing type 737 and embraer 190, but the shape is smoothánea. On the other hand, la renovationón of its fleet incorporateá 5 planes 737 MAX 10 of the Boeing family to convertán to Copa Airlines on the first airínea in Latinérich in operating aircraft capable of reducing by 15% fuel consumption compared to the previous B737 Next Generation.

All this operational strategy, infrastructure and technologyíIt goes hand in hand with the commitment to excellence and world class that Copa Airlines offers to its passengers.. This was provenó spaghettién during the past months throughés of third-party recognitionñthe consecutive of Skytrax like la “Best Aerolínea de Centroamérich and the Caribbean” and, per second toñThe how “Best Aerol Staffínea in Centroamérich and the Caribbean”; recognition, for quarter toñor subsequent to the aerolínea máAm's punctualérich Latina in the ranking “On-Time Performance Service” from the international consultancy FlightStats ; and, like the second aerosolínea más punctual in the world, per second toñthe followed, by the international consulting firm OAG.

A través permanent commitment to its clients and maintaining focus on the development of its human team, Copa Airlines continueá generating pleasant and efficient travel experiences during 2017 while promoting the development of opportunities for tourism and commerce in the countriesíwhere your operation is basedón.

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