Panama to Purchase Planes for $ 6 million

The National Assembly approved a credit for $ 6,455,256 in order to purchase two aircraft.

Tuesday, September 28, 2010

The acquisition will be conducted by the National Air Service, which will use one for coastal patrol and the other as an ambulance for emergencies. reported that Deputy Minister of Security, Alejandro Garuz, announced that the models to be purchased will be "Cessna Caravan".

More on this topic

Panama: $26 million for Public Safety

May 2016

The government has announced it will buy an aircraft and maritime interdiction boats, and will contract maintenance for aircraft in the National Air Service.

The Cabinet has endorsed the purchase of a DHC-6 Twin Otter 400 aircraft as well as maritime interdiction vessels DAMEN 1102 and three contracts for maintenance of aircraft order to strengthen the capacity of the National Air Service (Senan).

More Bets on the Regional Aviation Market

May 2015

Avianca announced the purchase of 100 aircraft manufactured by Airbus, which will be used to gradually replace aircraft currently operating from Bogota, San Salvador and Lima.

The airline confirmed the purchase of 100 A320neo aircraft type, with the goal of replacing those that operate on the routes to Colombia, El Salvador and Peru.

Copa Airlines Buys Aircraft for $6.6 billion

April 2015

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".

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