Anyway, back on track .... information I got from Human Resources last week, It is current and Accurate:
1) Copa is a Multinational Crew operated company
2) Official minimums 500 hours ICAO License (No preference of origin JAA FAA...etc) English Minimum Level 4 ICAO
3)Main Priority is hiring Panamanians for now. But in the coming years they would not discount the fact that they may need to hire foreigners
4) With their latest Aircraft order they expect to recieve on avreage of 5 a/c per year from 2012
5) Agreement with American Flyers has atthis moment not been renewed.... no knowledge of wether it will be in the future.