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Copa Holdings and SMBC close sale-leaseback deals on four aircraft

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Copa Holdings and SMBC close sale-leaseback deals on four aircraft

Copa Holdings has closed sale-leaseback transactions for four new Boeing
737-800 aircraft with SMBC Aviation Capital.

The aircraft deliveries, which are part of Copa Airlines´ current order with
Boeing, are scheduled for delivery in 2014. Copa Holdings' CFO, Victor Vial
Said: "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 said: "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."