Panama's Copa Airlines and AeroRepublica, Colombia's second-largest carrier, announced a strategic alliance that includes Copa's acquisition of a majority stake in AeroRepublica. According to the carriers, the alliance incorporates "technical and commercial collaborative agreements." AeroRepublica will continue to operate independently and will maintain its corporate identity and current workforce. It flies nine aircraft to 11 destinations in Colombia. In 2004 it transported more than 2 ...

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