Continental Airlines and Copa Airlines Begin Codeshare Flights

Continental Airlines (NYSE: CAL and CAL.A) and Copa Airlines of Panama today will begin the first phase of a broad alliance linking some of their domestic and international flights in a codeshare arrangement between the two carriers. Continental and Copa will initiate codesharing on more than 60 flights to 30 destinations.

Continental will codeshare on Copa Airlines international flights from Panama City to Miami; San Juan, Puerto Rico; and Guatemala City, Guatemala, initially, with additional markets in Latin America pending government approval.

Copa, likewise, will codeshare on Continental`s flights between Panama and its U.S. hubs in Houston and New York/Newark as well as connecting flights to various cities throughout the U.S. including Los Angeles, Chicago, New Orleans, Orlando, Las Vegas and others.

Key consumer benefits of the alliance include linking the airlines` domestic and international routes to improve worldwide flight connections and enhance schedule options; one-stop ticketing; seat selection and baggage check; a shared frequent flyer program (OnePass) with mileage earnings on either airline along with common Elite benefits; and use of Continental`s Presidents Club lounges throughout the world.

Recently, Copa Airlines took delivery of its first of 12 new Boeing 737-700 aircraft, reflecting its new and modern corporate image. The new image and aircraft are a result of an alliance formed between Copa and Continental Airlines. Corporate Background


Continental Airlines is the fifth largest airline in the U.S., offering more than 2,200 departures daily to 127 domestic and 79 international destinations. Operating major hubs in Newark, Houston and Cleveland, Continental ( has extensive service throughout the Americas, and to Europe and Asia. Continental recently initiated a strategic global alliance with Northwest Airlines. Continental is in the top half of FORTUNE magazine`s “100 Best Companies to Work for in America,” and has won first or second place Frequent Flyer Magazine and J.D. Power awards for four consecutive years. Continental has received numerous awards for its BusinessFirst premium cabin (Condé Nast Traveler, OAG Official Airline Guides, Entrepreneur and Smart Money magazines), and its OnePass frequent flyer program (InsideFlyer`s Freddie Awards). Continental offers daily non-stop service to Panama from both Houston and Newark with its new Boeing 737-700 aircraft.

Copa Airlines (http:// serves 24 destinations in 18 countries in North, Central and South America and the Caribbean. From its base at Tocumen International Airport in Panama City, Copa Airlines operates one of the most efficient and succesful hubs in Latin America. In 1999, the airline plans to transport more than 900,000 passengers and start operations to Buenos Aires, Argentina; and Sao Paulo, Brazil.