Copa Airlines (NYSE: CPA), has announced its growth and investment plans for 2025. The growth strategy aims at expanding the impact of air connectivity offered by the Hub of the Americas®, located at Tocumen International Airport, on Panama’s economy and tourism sector.
By the end of 2025, Copa Airlines will serve 88 destinations in 32 countries, operating more than 375 daily flights and transporting an estimated 18.5 million passengers.
To support this growth, Copa has ordered 57 Boeing 737MAX aircraft, with deliveries expected over the next five years. The airline is on track to end 2025 with a fleet of 114 aircraft.
Elevating Panama’s Global Status
Copa Airlines has revealed its plan to strengthen its Tocumen International Airport hub, boosting Panama’s economy and tourism through expanded air connectivity.
This initiative underscores Copa’s commitment to driving economic progress and showcasing Panama as a top travel destination.
The Hub of the Americas® serves as a vital link, connecting passengers across Latin America and the Caribbean efficiently. By September 2025, Copa Airlines will operate over 375 daily flights, linking Panama to 88 destinations in 32 countries.
This expansion includes new routes to San Diego, California, marking the airline’s 17th U.S. destination, as well as Tucumán and Salta in Argentina, bringing its total Argentine destinations to six.
Pedro Heilbron, CEO of Copa Airlines, emphasized the broader impact. “Our growing network not only connects travelers but also invites more tourists to discover Panama’s beauty.”
“This creates thousands of jobs and fuels economic growth, opening doors for our people.” The airline’s efforts align with its mission to position Panama as a competitive global hub, fostering opportunities through enhanced connectivity.

The Panama Stopover Program
A cornerstone of Copa’s strategy is the Panama Stopover program, developed with the Panama Tourism Authority (ATP) and PROMTUR Panama. This initiative allows travelers to visit Panama at no extra airfare cost, encouraging exploration of its vibrant culture and natural wonders.
In 2024, over 160,000 tourists participated, a 25% increase from 2023, representing 8% of Panama’s total visitors.
The program’s success continues into 2025, with a 24% surge in early bookings. Supported by over 80 tourism partners, including hotels, restaurants, and attractions, it offers discounts and a user-friendly digital platform for personalized travel planning.
The campaign, “Panama has it all, and it’s close by,” highlights the country’s accessibility and appeal. Copa projects the program will attract 185,000 visitors by year-end, further boosting local businesses.

Fleet Expansion and Passenger Growth
To support its expanded network, Copa Airlines is investing $1.7 billion annually to grow its Boeing 737 MAX fleet.
By the end of 2024, the airline operated 102 aircraft, with plans to reach 114 by 2025. Over the next five years, 57 additional Boeing 737 MAX planes are set for delivery. This investment enables Copa to increase flight frequencies and add new routes, enhancing service reliability and passenger comfort.
The airline anticipates carrying over 18.5 million passengers in 2025, an 8% increase from 2024’s 17.5 million. This growth reflects Copa’s ability to meet rising travel demand while maintaining its reputation for efficiency and punctuality.
Looking Ahead
Copa Airlines’ expansion 2025 plan goes hand-in-hand with a commitment to drive Panama’s prosperity. By strengthening the Hub of the Americas®, launching new destinations, and promoting tourism through the Panama Stopover program, Copa is driving economic benefits and job creation.
As Heilbron noted, “A better-connected Panama creates endless possibilities.” With strategic investments and a focus on connectivity, Copa Airlines seeks to elevate Panama’s global presence, inviting the world to experience its charm.
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