Air Panama is a regional airline based at Albrook Marcos A. Gelabert International Airport in Panama, and is currently the second-largest air carrier in the country, surpassed only by Copa Airlines.
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In 1998 Continental Airlines acquired 49% of the airline, marking the beginning of a comprehensive marketing and operating alliance. On May 19, 1999, Continental increased its stake to 51%. Since then, Copa has adopted a livery and corporate logo similar to Continental's (now United).
International flights arrive at Tocumen International Airport (PTY), located 15 mi (24 km) east of Panama City. Tocumen is the largest and busiest airport in Panama and Central America by passenger traffic. It serves 31 countries with non-stop flights and is the home airport of Copa Airlines.
About Copa AirlinesCopa Airlines was founded in 1947 as Compañía Panameña de Aviación, the national airline of Panama. In 1980, the airline withdrew from the domestic market to focus on its international reach and is today a leading Latin American provider of passenger and cargo services.
Low-cost carriers (LCC) cut many corners, but they generally do not skimp on safety: having a single accident can easily bankrupt an airline. That said, it's a big world out there and not all LCCs are the same.
Wingo launches new airline – Wingo PanamaThe airline Wingo announced Wednesday the creation of a new airline with a Panamanian operating certificate: Wingo Panama.