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04 May 2024 - At The Banks - Source: BCCR

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TODAY PANAMA – (Prensa Latina) Tocumen International Airport, located in the Panamanian capital, reduced the movement of people inside the airport terminal, as part of the new security controls adopted after the terrorist attacks in France.

Among the measures also is included a more rigorous baggage inspection, in order to detect potentially hazardous materials, stated the manager of Tocumen SA, Joseph Fidanque III.

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Also was reduced the issue of permits to contractors working at the airport and to the people providing security to diplomats, he added.

Joseph Fidanque III announced that this year Tocumen SA, a company 100 percent owned by the Panamanian government, expects up to US$178 million in revenues, US$53 million more than last year, while expenses were reduced by 28 percent.

He said that during the first quarter of 2016 the company expects to finalize the issue of bonds by US$625 million. This fund will be used to pay off the debt with the Brazilian company Norberto Odebrecht, which is building the terminal two of Tocumen airport at a cost near the USD 800 million.

The manager of Tocumen considers that in the next five years (2016-2020), to the country will arrive between 800.000 to one million Central-American passengers, between 400.000 and 600.000 from the Caribbean and 1.8 million from South America.

From North America are expected about 1.6 million passengers, and from Europe and Asia are expect from 200.000 to 400.000 passengers, respectively.

Article originally appeared at TodayPanama.com

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