Copa Airlines (CM, Panamá City Tocumen International) is looking to receive up to thirteen more B737-8s in 2025, increasing the number of expected deliveries of the type during the year from eleven, according to Copa Holdings’ chief executive Pedro Heilbron.
“We are okay with the delivery schedule. We expect 13 aircraft this year, mostly in the second half, with two in June and the rest later. Some will be activated in early 2026,” he said during the company’s fourth-quarter investor call.
Additionally, the carrier expects one more B737-800(BCF) for cargo unit Wingo (Panama), closing the year with an all-Boeing B737 fleet of 126 aircraft.
In the previous quarterly results, Copa Holdings said the company was expecting eleven B737-8s in 2025 and would close the year with a fleet of 123 planes. This number was a decrease of three of the expected B737 MAX units versus the original expectation of fourteen deliveries in 2025; thus, the newly revised guidance is still below those levels.
Nonetheless, the delivery schedule has several production ramp-up assumptions that need to materialise for Boeing to deliver the expected number of aircraft, Heilbron told ch-aviation in an exclusive interview in late 2024.
Copa Holdings (which includes subsidiaries Wingo and Wingo (Colombia)) posted a net profit of USD608.5 million in 2024. According to the ch-aviation fleets module, it currently operates a fleet in Panama of 112 airframes - fifty-eight B737-800s, thirty-two B737-9s, nine B737-700s, three B737-8s, and one B737-800(BCF) - while Copa Airlines Colombia (P5, Bogotá) operates nine B737-800s under the Wingo (Colombia) brand.