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Copa Airlines presented its growth and investment plans for 2024, where he announced that since June he will operate more than 370 Daily flights.
Copa Airlines {NYSE: CPA}, subsidiary of Copa Holdings, S. A. and a member of the global Star Alliance airline network, shared
your growth and investment plans 2024 in order to maintain leadership in the air connectivity region of Panama, that offers the Hub of the Americas® located in the Tocumen International Airport, as well as increase their contribution to the economy, tourism and job creation in Panama.
The airline plans to add more than 630 new job positions, closing the year above 7,750 collaborators in Panama, being one of the largest job generators in the private sector in the country.
Copa will have a flight record
The airline will expand its route network to 85 destinations in 32 countries of the American continent, with an average of more than 370 Daily flights. Three new destinations will be added: Tulum (Mexico), Florianopolis (Brazil) y Raleigh-Durham (North Carolina, EU). These new routes will strengthen the connectivity of Copa Airlines with important tourist and business markets in America.
Fleet:
Copa Airlines will invest 1.7 billions of dollars in expanding its fleet with aircraft Boeing 737 MAX. These planes are more fuel efficient and offer greater comfort to passengers.. The airline has a request for 61 planes Boeing 737 MAX, of which you have already received 31. The expansion of the fleet will allow Copa Airlines to increase its transportation capacity and offer more flight options to its passengers.
Turismo:
Copa Airlines will continue to promote tourism in Panama through the program «Panama Stopover» and the new campaign «It's Very Panama». The “Panama Stopover” program allows passengers transiting through the Tocumen International Airport extend your stay in Panama even for 23 hours at no additional cost. On 2023, The program attracted more than 120 thousand visitors. The “It's Very Panama” campaign will be launched in 2024 and aims to promote the country's tourist wonders in key markets such as the United States.
Economy:
The activity of Copa Airlines generated about 1.5 billions of dollars in 2023, including contributions to the treasury, payments to government institutions, payroll and local suppliers. The economic contribution of the Airline is expected to exceed the 1.6 billions of dollars in 2024. Copa Airlines is an important driver of the economic development of Panama, since it generates jobs, boosts tourism and attracts investments to the country.
Employment:
Copa Airlines plans to generate more than 630 new jobs in 2024. The Airline expects to have more than 7,700 collaborators in Panama at the end of the year, exceeding the size it had in 2019. New jobs will be created in areas such as operations, maintenance, cabin crews and customer service. Copa Airlines It also promotes the training of young Panamanians in aeronautical careers through the Latin American Academy of Higher Aviation (ALAS) and the Academy of Aeronautical Technicians (ATA).
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