LE BOURGET, France, June 21,
2017 /PRNewswire/ -- Copa Holdings (NYSE:CPA) and
Boeing (NYSE: BA) today announced an order for 15 737 MAX 10s at
the 2017 Paris Airshow. With this announcement, Copa Airlines
is one of the launch customers for the 737 MAX 10 airplane and will
be the first airline in Latin
America to operate the newest addition to the MAX
family.
Today's order is a conversion from a previous order of 737 MAX 8
aircraft.
"Due to the long-term success we've had operating 737 NG we had
placed a sizable order of 737 MAX aircraft for our future, and the
737 MAX 10 provides additional flexibility for certain segments of
our network," commented Ahmad
Zamany, Copa Airlines' Vice President of Technical
Operations.
Copa Airlines will use these airplanes to replace existing
airplanes and support the carrier's plans for strategic growth.
Copa Airlines will be the first airline in the region to
operate the 737 MAX on deep-South American and North American
routes. The 737 MAX 10's operating economics and passenger comfort
are ideally suited to Copa Airlines' route network.
"We are thrilled that Copa Airlines is one of the launch
customers for the 737 MAX 10," said Van Rex
Gallard, vice president, Latin
America, Caribbean and
Africa Sales, Boeing Commercial Airplanes. "The 737 MAX 10
will be the most profitable single-aisle airplane, offering
the lowest seat costs ever and will help Copa Airlines grow their
business and win market share in the competitive single-aisle
market."
Copa Airlines allows passengers to make fast and convenient
connections to 75 destinations in 31 countries in North, Central
and South America and the
Caribbean through its Hub of the
Americas in Panama City, the most internationally connected airline
hub in the region. For the last four consecutive years,
FlightStats has recognized Copa Airlines as "Best Airline in
Latin America" for its on-time
performance and service quality, and, for the last two consecutive
years, Copa Airlines was recognized as "The World's Second Most
On-Time Airline," by OAG.
The entire 737 MAX family has been designed to offer customers
exceptional performance, flexibility and efficiency, with lower
per-seat costs and an extended range that will open up new
destinations in the single-aisle market. The MAX 8 and 9 will be
followed in 2019 by the introduction of a smaller, long
range MAX 7 and a 200-seat MAX 8. The MAX 10 will be
introduced in the 2020 time frame.
Like Boeing's other 737 MAX models, the MAX 10 incorporates the
latest technology CFM International LEAP-1B engines, Advanced
Technology winglets, Boeing Sky Interior, large flight deck
displays, and other improvements to deliver the highest efficiency,
reliability and passenger comfort in the single-aisle market.
The 737 MAX is the fastest-selling airplane in Boeing
history.
Copa Holdings is a leading Latin American provider of
passenger and cargo services. The Company, through its
operating subsidiaries, provides service to 75 destinations in 31
countries in North, Central and South
America and the Caribbean
with one of the youngest and most modern fleets in the industry,
consisting of 101 aircraft: 80 Boeing 737NG aircraft and 21
EMBRAER-190s. For more information visit
www.copa.com.
CPA-G
CONTACT: Raúl Pascual – Panamá
Director – Investor Relations
(507) 304-2774
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/copa-holdings-boeing-announce-deal-for-15-737-max-10s-300477957.html
SOURCE Copa Holdings, S.A.