19 March 2010

Boeing to increase production rate on 777 and 747 programs

Boeing will accelerate planned rate increases on both the 777 and 747 programs. The accelerated rate increases will support increasing customer demand in the recovering airplane market. The company will accelerate the 777 program’s rate increase to seven airplanes per month (from five per month) by approximately six months, from early 2012 to mid-2011. The

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Copa Holdings announces pricing of Public Offering of Class A common stock

Copa Holdings, S.A. announced the pricing of 1,600,000 of its Class A non-voting shares by selling shareholder Corporacion de Inversiones Aereas, S.A. or CIASA. The secondary offering of Class A common stock priced at $56.00 per share and is expected to close on March 24, 2010. Copa Holdings will not receive any proceeds from the

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Second and third Boeing 747-8 Freighter complete first flight

The second and the third Boeing 747-8 Freighter, RC 522 and RC 521, successfully completed their first flight on March 14th and March 18th respectively. The 747-8 Freighter flight-test program calls for all three airplanes to perform approximately 3,700 hours of testing both on the ground and in the air. The first 747-8 Freighter delivery

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