Copa Airlines, subsidiary of Copa Holdings S.A. (NYSE: CPA), has recently taken delivery of two new Boeing 737-800 aircraft as part of its ongoing fleet and network expansion. With these two deliveries, Copa has now received five of eight aircraft it expects to take delivery of in 2010.
Currently, Copa Holdings operates one of the youngest fleet in the Americas, composed of 60 aircraft - 20 Boeing 737-700s, 14 Boeing 737-800s and 26 Embraer-190s. Copa Holdings expects to end 2010 with a consolidated fleet of 63 aircraft.
"With these aircraft we will continue to expand the Hub of the Americas with more frequencies and destinations for the convenience of our passengers," said Pedro Heilbron, CEO of Copa Airlines. "These two aircraft, along with three additional deliveries in the second half of the year, will allow us to continue our capacity growth at a time when we are seeing healthy demand trends."
In addition, their "winglets" help reduce airport noise, fuel consumption and greenhouse gas emissions, making them more environmentally friendly.
Source: Copa Air