Copa Airlines Launches Voluntary Carbon Offsetting Program

Written by thomas · Filed Under Commercial 

October 24, 2008

thomas

Copa is the first Latin American airline to offer carbon offsetting option
for air travel footprint

PANAMA CITY, Oct. 24 /PRNewswire-FirstCall/ — Copa Airlines,
subsidiary of Copa Holdings, S.A. (NYSE: CPA), today launched a voluntary
carbon offsetting program. The program is based on a “carbon calculator”
available at http://www.copaair.com, where passengers can calculate the amount of
greenhouse gas emissions produced by their air travel, then make a
voluntary contribution to offset the flight’s carbon footprint.

The carbon-offsetting program is part of Copa Airlines’ commitment to
the environment, which includes a totally renovated fleet equipped with
fuel-efficient engines, an investment in new technologies, and streamlining
of operations to reduce fuel consumption and greenhouse gas emissions. The
airline also is implementing an Environmental Adaptation and Management
Program that encompasses the measurement, reduction and offsetting of
emissions, in addition to promoting cleaner production, consumption of
renewable resources and a corporate culture of environmental
responsibility.

“Our efforts to reduce environmental impact are equally as important as
those of our passengers. We are very pleased to offer this dependable and
respected option for offsetting the carbon footprint of air travel and to
participate in this joint effort to benefit our planet,” said Pedro
Heilbron, CEO, Copa Airlines. “Counteracting the effects of climate change
is an enormous challenge, which will be successful only if we undertake the
task together.”

Copa’s voluntary gas-emissions offset program was developed in
association with Sustainable Travel International (STI), a nonprofit
organization that will invest passengers’ contributions to finance
high-impact, sustainable-development programs such as alterative energy
projects and reforestation.

As part of its commitment to environmental responsibility, Copa will
continue to identify actions that reduce pollution and that contribute to
the sustainable development of Latin American countries.

About Copa Holdings, S.A.

Copa Holdings, through its Copa Airlines and Aero Republica operating
subsidiaries, is a leading Latin American provider of passenger and cargo
service. Copa Airlines currently offers 136 daily scheduled flights to 42
destinations in 22 countries in North, Central and South America and the
Caribbean through its Hub of the Americas based in Panama City, Panama. In
addition, Copa Airlines provides passengers with access to flights to more
than 120 other international destinations through codeshare 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
daily flights from Bogota, Bucaramanga, Cali and Medellin. For more
information, visit http://www.copaair.com.

About Sustainable Travel International (STI)

Sustainable Travel International
(http://www.sustainabletravelinternational.org) is a US-based non-profit
organization whose mission is to promote sustainable development and
responsible travel by providing programs that help travelers and
travel-related companies protect the environmental, socio-cultural and
economic values of the places they visit, and the planet at large.
Sustainable Travel International introduced carbon offsetting and custom
carbon calculators into the North American travel and tourism industry.

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