Panama is attracting airlines from all over the world due to the incentives the Government offers to those companies that link up with the Hub of the Americas of the Panamanian Aviation Company (Compañía Panameña de Aviación -COPA).
This has increased interest in the country as a travel destination.
Without a doubt, the airlines offer alternatives to those travelers who do not want to go to the United States to take flights to Europe or [...]
During the last edition of the Summit of senior executives from Emirates airline, they received a high level delegation from Central America and Latin America as part of an official visit to the headquarters of Emirates in Dubai.
The airline, which will begin daily flights to and from Panama, now seeks to examine opportunities of mutual benefit, improve relations and further stimulate the flow of commercial traffic and tourism between Dubai and Panama, as well [...]
Air Europa, Spain’s third largest airline, started operations on Friday, December 4, with charter flights from Barajas International Airport, Madrid, to Tocumen International Airport, in Panama City. The flights will arrive on Friday at midday and will depart the following Friday at 2 pm. There will be a total of 16 flights until March 2016, with the possibility of becoming a regular frequency, depending on the demand.
This route will take passengers to Colón where [...]
With an increase of the departure tax to $50.00 from January, 2016, Panama City will have the highest tax in Central America. It is followed by El Salvador, $40.27; Honduras, $39.72; Guatemala $30.00 and Costa Rica, $29.00.
Tocumen International Airport authorities indicate that this increase will improve the cash flow of the terminal, a key point as it makes a bond issue for $625 million to finance the current expansion project. Tocumen informed the Panama [...]
It will possibly be the longest non-stop flight in the world that will be launched by Emirates Airline (17 hours 35 minutes westbound) to Panama. With this flight, Panama becomes the first country in Central America with direct flights to and from Dubai.
The plane used will be a Boeing 777-200RL with 3-8 First Class, 42 in Business and 216 in Economy class. It will be able to carry up to 15 tons of cargo [...]
To obtain the financing needed to complete the expansion of the South Terminal, the Tocumen International Airport administration expects to reissue debentures.
The delays that have occurred in the work due to changes in the original project design, prevent the administration from beginning to raise funds for the concession of the new “duty free” area, so they have announced that they will need to issue a new bond debt to complete the financing. It is [...]