Copa Airlines Launches Voluntary Carbon Offsetting Program

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Copa is the first Latin American airline to offer carbon offsetting option

     for air travel footprint

    PANAMA CITY, Oct. 24 /-/ -- Copa Airlines, subsidiary of Copa Holdings, S.A. (NYSE: CPA), today launched a voluntary carbon offsetting program. The program is based on a "carbon calculator" available at http://www.copaair.com, where passengers can calculate the amount of greenhouse gas emissions produced by their air travel, then make a voluntary contribution to offset the flight's carbon footprint.

    The carbon-offsetting program is part of Copa Airlines' commitment to the environment, which includes a totally renovated fleet equipped with fuel-efficient engines, an investment in new technologies, and streamlining of operations to reduce fuel consumption and greenhouse gas emissions. The airline also is implementing an Environmental Adaptation and Management Program that encompasses the measurement, reduction and offsetting of emissions, in addition to promoting cleaner production, consumption of renewable resources and a corporate culture of environmental responsibility.

    "Our efforts to reduce environmental impact are equally as important as those of our passengers. We are very pleased to offer this dependable and respected option for offsetting the carbon footprint of air travel and to participate in this joint effort to benefit our planet," said Pedro Heilbron, CEO, Copa Airlines. "Counteracting the effects of climate change is an enormous challenge, which will be successful only if we undertake the task together."

    Copa's voluntary gas-emissions offset program was developed in association with Sustainable Travel International (STI), a nonprofit organization that will invest passengers' contributions to finance high-impact, sustainable-development programs such as alterative energy projects and reforestation.

    As part of its commitment to environmental responsibility, Copa will continue to identify actions that reduce pollution and that contribute to the sustainable development of Latin American countries.

    About Copa Holdings, S.A.

    Copa Holdings, through its Copa Airlines and Aero Republica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers 136 daily scheduled flights to 42 destinations in 22 countries in North, Central and South America and the Caribbean through its Hub of the Americas based in Panama City, Panama. In addition, Copa Airlines provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with Continental Airlines and other airlines. Aero Republica, the second-largest carrier in Colombia, provides service to 12 cities in Colombia as well as international connectivity with Copa Airlines' Hub of the Americas through daily flights from Bogota, Bucaramanga, Cali and Medellin. For more information, visit http://www.copaair.com.

    About Sustainable Travel International (STI)

    Sustainable Travel International (http://www.sustainabletravelinternational.org) is a US-based non-profit organization whose mission is to promote sustainable development and responsible travel by providing programs that help travelers and travel-related companies protect the environmental, socio-cultural and economic values of the places they visit, and the planet at large. Sustainable Travel International introduced carbon offsetting and custom carbon calculators into the North American travel and tourism industry.

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