ALTA: Proposed Colombian travel tax will damage competitiveness
The Latin American & Caribbean Air Transport Association (ALTA) has spoken out against a national air passenger travel tax"”which would charge a COP8,000 ($2.86) fee for Colombian passengers and COP13,935 fee for international passenger"”proposed by Bogota, Colombia mayor Enrique Peñalosa, who said the tax is necessary for road infrastructure investment. In its April newsletter, ALTA […]
ASUR Provides Update On Colombian Acquisition
Grupo Aeroportuario del Sureste, (ASUR), the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, as well as a JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport in San Juan, today announced that it has received regulatory approval to […]
Flying high: Colombian airlines
As passenger numbers grow and profits increase worldwide, the aviation industry believes Colombian airlines might offer lofty returns, though there may be some turbulence ahead. Commercial airlines posted record worldwide profits in 2016, suggesting the traditionally volatile aviation industry could be an attractive proposition for investors. According to the International Air Transport Association (IATA) 2017 […]
Colombian businesses to benefit from additional summer lift IAG Cargo
IAG Cargo has today announced that it is increasing the frequency of flights between its Madrid hub and Bogota, Colombia. Two additional weekly flights will be added to schedules from 9th August, with this number increasing to three in September. These additional frequencies will be offered on top of the daily flight that already operates […]
