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Panama City, Panama - Central American carrier Copa Airlines considers ceasing its Boeing 737-700 operations. The airline will either retire or sell its all 14 737-700 jets as it plans to operate a more streamlined fleet in the post-COVID recovery period.

"We are now evaluating the retirement or sale of our 14 B737-700s. When we restart flights, we intend to focus our operations on a simple fleet consisting exclusively of Boeing 737-800s and Boeing 737-900s,"

said airline's CEO Pedro Heilbron.

Copa's Boeing 737-700s are 17.9 years old on average. The carrier owns twelve of these planes while the remaining two are dry-leased from General Electric's leasing subsidiary GECAS.

The operator had already put its 14 Embraer E190s on sale last year.

"We are assuming that the fourteen E190s are disposed of. We already announced that last year, and that was already in the plan. There could be other fleet moves that we have going forward just simply to match where we have the demand at a particular moment,"

Copa's Chief Financial Officer Jose Montero said.

Copa Airlines currently has 64 Boeing 737-800s and six grounded Boeing 737 MAX 9s in its fleet.

"We're going to have the B737-800s with a simple unified configuration for, let's say, medium to short hauls. And then we'll have a MAX9 configuration with lie-flat seats for long-haul flights," Heilbron said.
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