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According to a COPA Holdings, S.A. press release, COPA airlines has just taken delivery of its 15th Embraer 190 airplane. The Embraer 190 seats 94, ten business class. Beside its 15 Embraer air planes COPA has 27 Boeing 737’s. The average age of COPA’s jets is 4.2 years giving it a very young fleet. COPA Holdings, S.A. is expanding and its stock is rising as Latin American business grows, especially in Panama.

COPA Investment and Success in Panama

COPA airlines is Panama’s flag carrier. Originally owned fully and then partially by Continental Airlines, COPA’s parent company, COPA Holdings, S.A., is listed on the New York Stock Exchange where its stock price is going up.

News of the delivery of the Embraer 190 airplane comes on the heels of the installation of a flight simulator by COPA for its Embraer 190 jets at its City of Knowledge training center in the old Panama Canal Zone. Adding to its Boeing Next Generation flight simulator Copa is the first Latin American airline to have both.

COPA is expanding its routes to include major cities throughout North, Central and South America. It’s hub at Tocumen International Airport is rapidly becoming the major hub for travel between North and South America.

Global Financial Downturn and Investment in Panama Real Estate and Business

While much of the world is sinking into recession Panama is looking at maybe a three percent decline in its 10% per year growth rate. Panama’s conservative banks did not hand out sub prime mortgages. Panama has attracted bank deposits for years with its banking privacy laws, Panama Corporations, and Panama Foundations. Ever since the hand over of the Panama Canal by the United States, Panama has ceased to be seen as a US colony. Foreign investment in Panama is the largest per capita in Latin America.

In November of 2008 the government of Colombia to Panama’s South rolled up a pyramid scheme. Panama caught the alleged mastermind and is extraditing him back to face charges. There may be schemes in Panama too for the unwary but Panama real estate investment has done well for years and will likely do well for decades.

Right now the high end of Panama’s residential real estate market has leveled off provided those with ready cash a great buying opportunity before prices start going up again with increasing numbers of Europeans and British buying in Panama.

The ideal long term real estate investment opportunity in this time of global uncertainty is Panama commercial real estate. Investment in commercial real estate in Panama ties into the strength of a small business community recently empowered by an improvement in Panama’s credit laws. Panama is widening its trade relationships and steadily decreasing its reliance on the USA. This broadening of free trade and bilateral agreements provides more business opportunity. Small business success provides opportunity for commercial real estate investment in places like the Pacific Panama Economic Area and mixed commercial and residential areas in Panama City such as Marbella and el Dorado.

Come talk to us at ABPanama. We can point you to investment in mixed commercial and residential neighborhoods in Panama City like Marbella or help with getting into the Panama Pacific Economic Area at the beginning of construction of this new mega project. We have over 23 years experience managing real estate portfolios and do business throughout Panama.