Copa Airlines Expands Code Share Flights With Brazilian Airline GOL
January 19 2006 - 5:00AM
PR Newswire (US)
Copa Airlines Continues to be the Most Direct Way to Connect Within
the Americas PANAMA CITY, Jan. 19 /PRNewswire/ -- As part of its
policy to add new routes and services, Copa Airlines announced
today the expansion of its code share agreement with its partner
GOL Linhas Aereas Inteligentes. As of today, the airlines will
jointly offer daily code share flights between the Hub of the
Americas operated by Copa Airlines in Panama, and the Brazilian
cities of Sao Paulo and Rio de Janeiro. Both airlines anticipate
that the expansion of this code share agreement will generate more
air travel options for passengers, and allow for increased tourism
and economic activity between Panama and Brazil. "We are pleased to
continue growing our commercial alliance with GOL. This expansion
increases code share travel options for our passengers and further
strengthens Copa Airlines' Hub of the Americas in Panama," stated
Jorge Garcia, Commercial Vice President of Copa Airlines.
"Increasing flight frequencies not only proves the code share
agreement is successful, but more importantly creates additional
benefits for customers of both companies" says Wilson Maciel Ramos,
Vice President of Planning and Information Technology at GOL Linhas
Aereas Inteligentes. Copa Airlines and GOL Linhas Aereas
Inteligentes began their alliance cooperation in 2005. Both
airlines have expressed their satisfaction with the results
generated by the cooperation and indicated they will continue
working together to further develop the relationship. About Copa
Airlines Copa Airlines, subsidiary of Copa Holdings S.A.
(NYSE:CPA), is a leading Latin American provider of international
airline passenger service. Operating from its strategic location at
the Hub of the Americas in the Republic of Panama, Copa currently
offers approximately 80 daily scheduled flights to 30 destinations
in 20 countries in North, Central and South America and the
Caribbean. In addition, Copa provides passengers with access to
flights to more than 120 other international destinations through
codeshare agreements with Continental Airlines and other airlines.
Copa and Continental also share a strategic alliance partnership
that includes joint participation in Continental's award-winning
frequent flyer program, OnePass(R). For more company information,
visit http://www.copaair.com/. About GOL Linhas Aereas Inteligentes
GOL Linhas Aereas Inteligentes, a low cost, low fare airline, is
one of the most profitable and fastest growing airlines in the
industry worldwide. GOL operates a simplified fleet with a single
class of service. The Company has one of the youngest and most
modern fleets in the industry resulting in low maintenance, fuel
and training costs, with high aircraft utilization and efficiency
ratios. In addition, safe and reliable services, which stimulate
GOL's brand recognition and customer satisfaction, allow GOL to
have the best value proposition in the market. GOL currently offers
over 430 daily flights to 49 major business and travel destinations
in Brazil, Argentina, Bolivia, Uruguay and Paraguay with
substantial expansion opportunities. GOL's growth plans include
increasing frequencies in existing markets and adding service to
additional markets in both Brazil and other high-traffic South
American travel destinations. GOL's shares are listed on the NYSE
and the Bovespa. GOL: here everyone can fly! This release includes
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on current plans, estimates and expectations,
and are not guarantees of future performance. They are based on
management's expectations that involve a number of business risks
and uncertainties, any of which could cause actual results to
differ materially from those expressed in or implied by the
forward-looking statements. The Company undertakes no obligation to
update or revise any forward-looking statement. The risks and
uncertainties relating to the forward-looking statements in this
presentation include those described under the caption "Risk
Factors" and "Special Note About Forward- Looking Statements" in
the Company's registration statement on Form F-1 filed with the
U.S. Securities and Exchange Commission. DATASOURCE: Copa Airlines
CONTACT: Paola Valdes for Copa Airlines, +1-507-304-2927 Web site:
http://www.copaair.com/
Copyright