COPA AIRLINES INCREASES SERVICE BETWEEN PANAMA AND ECUADOR TO TWO FLIGHTS DAILY

COPA AIRLINES INCREASES SERVICE BETWEEN PANAMA AND ECUADOR TO TWO FLIGHTS DAILY



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PANAMA–(HISPANIC PR WIRE – BUSINESS WIRE)–December 9, 2002–Copa Airlines today announced the addition of a new daily flight between Panama and Quito and Guayaquil, Ecuador, beginning Dec. 16. The airline will operate the new flight every day, except for Friday and Saturday. With the new flight, Copa Airlines will operate twice-daily service between Panama and Ecuador (except for Friday and Saturday), for a total of 12 flights a week between the two countries.

The new flight to Ecuador will depart Panama at 11:50 a.m., arriving in Quito at 1:35 p.m., with continuing service to Guayaquil, arriving at 2:55 p.m. The return flight will depart Quito at 2:05 p.m., then will depart Guayaquil at 3:25 p.m., arriving in Panama at 5:27 p.m.

“This additional flight puts us closer to our goal of offering two flights a day to every destination we serve, to ensure that we meet our passengers’ need for increased air travel options,” said Jorge García Icaza, Commercial Vice President, Copa Airlines.

Copa Airlines will utilize a Boeing 737-700 Next Generation aircraft on the flight, with space for 124 passengers: 12 in Clase Ejecutiva (executive class) and 112 in the main cabin.

With the new flight, passengers will be able to make immediate connections to North, South, Central American and the Caribbean through the “Hub of the Americas” at Tocumen International Airport in Panama. Copa has offered service to Ecuador for more than seven years.

Passengers can fly from the U.S. to Panama City on Copa Airlines via daily non-stop service from Los Angeles and twice-daily service from Miami. Copa Airlines has a strategic alliance with Continental Airlines, including participation in Continental’s award-winning frequent flyer program OnePassÒ. 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.

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 América Economía Magazine for its “innovation, creativity and leadership en the field of aviation.” In November 2002, PODER Magazine and Booz, Allen & Hamilton and Egon Zehnder International 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.

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CONTACT:

Patricia Roquebert; 507-225-7655 – Panama

or

Carol Schliesinger – Cura; 210-619-2020 – U.S.

COPA AIRLINES INCREASES SERVICE BETWEEN PANAMA AND ECUADOR TO TWO FLIGHTS DAILY