Copa Airlines Signs for up to 60 More Boeing 737 Aircraft

‍PANAMÁ CITY — Panamanian flag carrier Copa Airlines (CM) has made a major commitment with Boeing for 40 Boeing 737s, with options for another 20. 

The airline currently operates 38 Boeing 737 MAX jets between the -8 and -9 variants, with 16 more on the way, alongside 15 737-10s, bringing its MAX fleet to 69 planes. 

Today’s order brings the expected MAX fleet to 109, or 129 including options. Variants for today’s order have not yet been announced, as the airline will select between the -8, -9, and -10 at a later date based on operational requirements.

The deal was signed today in Panamá City at a gathering of the heads of Copa Airlines, Boeing Commercial Airplanes, and General Electric Aerospace, as well as the President of Panamá, José Raúl Mulino.

Comments from Copa, Boeing

"For Copa Airlines, the signing of this agreement represents an important step in further strengthening the operation and connectivity we provide from Panama," said Chief Executive Officer of Copa Airlines, Pedro Heilbron. 

"Through the ‘Hub of the Americas’, we have built a connecting hub that today allows us to respond to market demand with a safe, efficient, and reliable operation. The addition of new aircraft will be key to continuing to expand our operations and route network, while supporting the economic development of Panama and the region, generating new jobs and growth in the tourism sector."

"This major order builds on more than 40 years of partnership with Copa and the airline's history of success with the Boeing 737 family," said President and CEO of Boeing Commercial Airplanes, Stephanie Pope. "The additional 737 MAX aircraft will help Copa maintain one of the world's youngest and most capable fleets, while further supporting Panama as a key destination for business and tourism."

The aircraft ordered today are expected to be delivered from 2030 to 2034.

Copa Airlines serves 88 destinations in 32 countries across the Americas from its hub at Tocumen International Airport (PTY), with a fleet of 106 aircraft, comprising Boeing 737-700s, 737-800s, 737-8s, 737-9s, and a 737-800BCF (Boeing Converted Freighter).