COPA AIRLINES ANNOUNCES END TO ITS PARTICIPATION IN LATINPASS FREQUENT FLYER PROGRAM

COPA AIRLINES ANNOUNCES END TO ITS PARTICIPATION IN LATINPASS FREQUENT FLYER PROGRAM



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PANAMA CITY, Panama–(HISPANIC PR WIRE – BUSINESS WIRE)–December 9, 2002–Copa Airlines announced today it will no longer participate in the LatinPass frequent flyer program operated by several airlines.

Members and other users of the program will not be able to accumulate LatinPass miles on Copa Airlines as of Dec. 9, 2002.

However, during a six-month period from Dec. 9, 2002, until June 9, 2003, Copa Airlines will allow LatinPass members to claim any retroactive or previously earned miles that have not been credited. Also, all LatinPass members will be allowed to exchange their LatinPass miles for reward tickets on Copa Airlines flights until Dec. 9, 2003.

Copa Airlines continues its strategic alliance with Continental Airlines, including participation in Continental’s award-winning frequent flyer program OnePass(R). Members of the program may earn miles on either Copa or Continental flights, as well as the opportunity to redeem miles for tickets, upgrades, and merchandise.

For additional information on LatinPass, please contact the LatinPass offices at 1-800-44-LATIN (1-800-445-2846) in the United States or by e-mail at mail@latinpass.com.

With more than 55 years of experience, Copa Airlines (www.copaair.com) flies to 29 destinations in 19 countries in North, Central and South America and the Caribbean. In September 2001, Copa was named to the “Excelencia 2001” (“Excellence 2001”) list in America Economia Magazine for “innovation, creativity and leadership in the field of aviation.” In November 2002, PODER Magazine and Booz, Allen & Hamilton gave Copa the “Best Regionalization in Latin America” award for its successful development of its Hub in Panama, which contributes to the continuous development of Latin America.”

From its base at Tocumen International Airport in Panama City, Copa Airlines operates the Hub of the Americas, one of the most efficient and successful hubs in Latin America. In 2002, the airline expects to transport 1.2 million passengers.

–30–sg/sa*

CONTACT:

Copa Airlines

Carol Schliesinger-Cura, 210/619-2022 (U.S.A.)

or

Patricia Roquebert, 507/225-7655 (Panama)

COPA AIRLINES ANNOUNCES END TO ITS PARTICIPATION IN LATINPASS FREQUENT FLYER PROGRAM