TAME and Copa Sign Code Share Agreement

TAME Airlines from Ecuador and Copa Airlines of Panama announced
the signing of a code share agreement at the end of last week.

“Copa Airlines is pleased to initiate this relationship
codeshare TAME Ecuador” said President of Copa Airlines, Pedro Heilbron.
“TAME is an important partner and together we will increase flights and
travel options between Panama and Ecuador in the best interests of passengers
and strengthening the economies of both countries.”

TAME which has been directed as part of the military for years was
moved to the Ministry of Transportation. This move caused the company CEO to
walk out. TAME operates flights within Ecuador including the Galapagos
Islands. Many of the routes within Ecuador are not profitable and
are highly competitive with airlines LAN Ecuador (part of LAN Chile) and
Aerogal which was acquired by Central America Airline Company TACA in late
2009. Copa Airline currently flies to 57 destinations in 28 countries allowing
TAME to compete with the other carriers currently operating within Ecuador.

In its  initial stage, will code-share cooperation on flights between Quito and Panama, and Guayaquil and Panama. Subsequently, the airline will expand the scope of their cooperation to include  additional flights to Ecuador’s internal as well as throughout Latin America. “With  this important agreement, and strengthening our partnership and cooperation
with Copa Airlines, TAME Ecuador strengthens and consolidates our flights to  Panama while expanding our presence throughout the region,” said Gustavo  Cuesta, General Manager, TAME Ecuador.