As a gateway to 90 destinations in America and Europe, and soon Asia, Panama International Airport is venturing into the high value air cargo business.

The development of the logistics area at Tocumen International Airport will bring opportunities for infrastructure development in terms of roads, land leveling and construction and fitting of galleys and sheds. But it is also predicted that it will dynamise a discrete market, that of air cargo transport, whose business represents only 9% of the income of the world’s airlines.

With the aim of increasing between 4% and 5% per year in the air cargo market, airport authorities have included in their master plan the development of logistics cargo area with areas for specialized airlines, business workshops and a free zone for manufacturing. “… Our analysis and studies show us that we must continue in the business of high value air cargo , ” said Joseph Fidanque III, general manager of Tocumen International Airport, SA to Martesfinanciero.com.

Source: martesfinanciero.com