Copa Holdings to Announce Fourth Quarter and Full Year 2007 Financial Results on February 21

PANAMA CITY, Jan. 24 /-/ -- Copa Holdings, S.A. (NYSE: CPA) announces the following events:

    Earnings Release - Fourth Quarter and Full Year 2007

    Date: February 21, 2008

    Time: Before US markets open

    This release will be available on our website:

    http://investor.shareholder.com/copa/results.cfm

    Earnings Conference Call and Webcast

    Date: February 21, 2008

    Time: 11:00 a.m. US EST

    Conference telephone number: 877-419-6591 (US Domestic Callers)

     719-325-4922 (International Callers)

    Webcast: http://investor.shareholder.com/copa/events.cfm

    Speakers: Pedro Heilbron, Chief Executive Officer

     Victor Vial, Chief Financial Officer

    Webcast listeners should access the website several minutes prior to the scheduled start time, allowing sufficient time to register, download and install any necessary software. If you are unable to listen or access this presentation at the scheduled time, a webcast replay option will be available at the above website shortly after the conference.

    Copa Holdings, through its Copa Airlines and AeroRepublica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers more than 126 daily scheduled flights to 40 destinations in 21 countries in North, Central and South America and the Caribbean. In addition, Copa Airlines provides passengers with access to flights to more than 120 other international destinations through code share 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 flights from Bogota, Bucaramanga, Cali, Cartagena and Medellin in Colombia.

    CPA-G