Victor Vial is the Vice President of Finance for Copa Airlines, which provides service to 31 destinations in 20 countries in North, Central and South America, the Caribbean and the United States from its “Hub of the Americas” at Tocumen International Airport in Panama City, Panama. Vial joined Copa Airlines in October 1995 as Director de Planning. For the next five years, his responsibilities included strategic, operational and financial planning for the company. During his tenure as Director of Planning, Vial was involved in negotiations for Copa’s affiliation and strategic alliance with Continental Airlines, through which Continental acquired 49 percent of Copa, as well as the investment of approximately $516 million in the leasing and purchase of 12 new Boeing 737-700 Next Generation aircraft in 1999. In 2000, Vial was promoted to the position of Vice President of Finance & Chief Financial Officer, assuming responsibility for the company’s fleet financing, the formulation and implementation of risk management and investment strategy, and the strengthening of relationships with the international banking sector. During the past four years, Vial has overseen the second phase of the airline’s fleet renovation, which includes $650 million for the acquisition of up to 12 additional Boeing 737 Next Generation aircraft and $900 million for the acquisition of up to 30 Embraer-190 aircraft. Vial graduated from George Washington University in Washington, D.C., in 1988 with a bachelor’s degree in international business administration. He is married.

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