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Panama’s Copa Airlines plans further expansion in 2014 including Canada after bilateral breakthrough

Analysis

Panama's Copa Airlines has unveiled plans for more rapid network expansion in 2014 with three new destinations to be launched in mid-2014. The carrier plans to expand capacity by 10% in 2014 as eight aircraft are added, representing the ninth consecutive year of double-digit ASK growth.

Fort Lauderdale in Florida and Georgetown in Guyana are being added while Montreal will become Copa's second Canadian destination after Toronto, which Copa launched in mid-2011 with four weekly flights. Panama forged a new air services agreement with Canada in late 2013 which enables Copa to operate five additional frequencies.

Copa is a member of Star but does not codeshare with Air Canada, which has not generally been receptive to Copa's expansion in Canada. Copa currently only codeshares with three Star members - United, Asiana and Avianca - but will likely add more Star partnerships in 2014, including with TAP as the Portuguese carrier is planning to launch services to Panama in mid-2014.

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