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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 airline will work to strengthen 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 Airline's new MRO Maintenance Center in Panama, the arrival of its first five Boeing 737MAX 9 and the inauguration of the Terminal 2 from Tocumen International Airport.
Copa Airlines {NYSE: CPA} subsidiary of Copa Holdings, S.A., and a member of the global Star Alliance airline network, In recent days, it presented the most relevant actions of its operation between January and June 2017, the key projects that will take place until the end of the year, and plans for 2018. Among the most notable events within the first half of the 2017, The company highlighted its commitment to strengthening its connectivity with the announcement of two new destinations:
Denver and Mendoza. The city of Denver, in colorado, is destination number 13 of Copa Airlines in the United States, which will begin operations on 11 from December. Mendoza, is destination number 4 in Argentina, the same one that will begin operations from the next 15 of November. What's more, The airline highlighted the alliance with Turkish Airlines signed last April that seeks, via shared code, connect passengers from the continent with Istanbul and Europe through the partners' respective hubs in both hemispheres.
Regarding the operation in Ecuador, Miguel Reyes, General Manager of Copa Airlines in the country, explains that it is precisely the connectivity factor together with the company's world-class service that has also allowed the local operation to obtain favorable figures.. “Our passengers can connect, a través de nuestro “Hub de las Américas” en Panamá, a 75 destinations in 31 countries, in North, Center, South America 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 year through 4 daily flights that we offer to Panama from Quito and from Guayaquil”.
According to Copa Airlines, while 2015 and 2016 They were challenging years in the main economic sectors of the region, specifically for Copa Airlines it was a time of recovery, thanks to resource optimization, discipline and operational flexibility, the airline predicts a very positive end to the year with a projected growth of 6% in seats which translates into 13,6 million passengers, that is to say 800 thousand more than in 2016 by the end of the year.
further, The company is preparing to take advantage of the opportunities that will open in 2018 with significant investments and projects in fleet modernization and technology. For example, the launch of the new Airline MRO Maintenance Center in Panama, whose investment amounts to 15 millions of dollars, will allow major maintenance to be carried out on three aircraft in its aircraft fleet, Boeing type 737 and embraer 190, simultaneously. On the other hand, the renewal of its fleet will incorporate 5 planes 737 MAX 10 of the Boeing family that will make Copa Airlines the first airline in Latin America to operate aircraft capable of reducing by 15% fuel consumption compared to the previous B737 Next Generation.
All this operational strategy, of infrastructure and technology goes hand in hand with the commitment to excellence and world class that Copa Airlines offers to its passengers. Esto se comprobó también durante los pasados meses a través del reconocimiento por tercer año consecutivo de Skytrax como la “Mejor Aerolínea de Centroamérica y el Caribe” y, for the second year as “Best Airline Personnel in Central America and the Caribbean”; recognition, por cuarto año sucesivo a la aerolínea más puntual de América Latina en el ranking “On-Time Performance Service” de la consultora internacional FlightStats ; and, as the second most punctual airline in the world, for the second year in a row, by the international consulting firm OAG.
Through permanent commitment to its clients and maintaining focus on the development of its human team, Copa Airlines will continue to generate pleasant and efficient travel experiences during 2017 while promoting the development of opportunities for tourism and commerce in the countries where its operation is based.
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