Copa Airlines has signed lease agreements for 10 new Boeing 737-800s aircraft. Five of the new aircraft are due for  delivery next year and the remaining five in 2011 and five in 2012. In addition Copa  has firm orders and delivery commitments for 23 further Boeing 737-800 aircraft.  Copa CEO Pedro Heilbron said that with these new leases, the airline will bolster its 2011 and 2012 network expansion plans and strengthening its regional hub leadership. "This capacity ramp-up coincides with the expected conclusion of Panama's Tocumen airport expansion, which will increase our airport capacity by more than 50% by mid-2011," he said.

COPA is rapidly becoming the dominant link between North and South America with its hub in Panama City perfectly geographically positioned to serve both continents.