Copa Holdings Closes Sale-leaseback Transaction for Four New 737-800 Aircraft with SMBC Aviation Capital

PANAMA CITY, Feb. 4, 2013 /PRNewswire/ — Copa Holdings, S.A. (NYSE: CPA), today announced it has closed sale-leaseback transactions for four new Boeing B737-800 aircraft with SMBC Aviation Capital, which is among the world’s top four operating lessors by fleet value.

The aircraft deliveries, which are part of Copa Airlines´ current order with Boeing, are scheduled for delivery in 2014. Copa Holdings’ CFO, Victor Vial commented, “We are pleased to have closed this important transaction with SMBC and hope to continue developing our long term partnership.”

SMBC Aviation Capital’s CEO, Peter Barrett commented, “We have enjoyed an excellent relationship with Copa Airlines since working on our first transaction with them in 2005, and look forward to partnering with them long into the future.”