Copa orders new Boeing Next-Generation aircraft

The regional airline Copa has ordered two Boeing 737-800 aircraft, with delivery promised for 2010 and 2011.

Thursday, May 22, 2008

With this purchase, Copa Airlines has in effect expanded its order for the Next-Generation aircraft from seven to nine, with an option to order still more.
The company already has 27 aircraft of this design out of its total fleet of 40.

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The airline will be investing $1.8 billion in the purchase of 15 Boeing 737 MAX 10 aircraft, and the first deliveries are planned for 2020.

According to, the contract was signed in Paris by the airline authorities and the manufacturer in Paris, within the framework of the international aeronautical fair of Le Bourget.

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The contract is for 61 Boeing 737s MAX 8 and 9, though details on deadlines for delivery are not known.

From a statement issued by Copa Airlines:

Juan Carlos Varela, President of the Republic of Panama and Barack Obama, President of the United States of America, witnessed a historic agreement in which Copa Airlines (NYSE: CPA) and Boeing (NYSE: BA) announced the order of 61 737s MAX 8 and 9.

Copa Airlines To Buy $1 Billion in Boeing Planes

July 2009

The airline ordered an additional 13 Boeing 737 airplanes, a $1 billion investment, doubling its original request.

This order increases to 27 the number of planes Copa Airlines has ordered from Boeing. Additionally, they have agreed a purchase option for 8 more planes.

"Boeing 737s have been an important element in Copa's success, proving us with efficient operations and costs, which allows us to offer our passengers world class services and an extensive network of routes in Latin America", said Pedro Heilbron, CEO of Copa Airlines. "This order restates the confidence we have in our business model and the growth potential for air travel in Latin América".