El Salvador: Airport Expansion for 2011
The first phase of expansion for El Salvador´s International Airport will start next year.
Wednesday, October 6, 2010
According to the president of the Autonomous Executive Port Commission (CEPA), Enrique Córdova, the $ 40 Million investment of the first phase includes expanding immigration areas and passenger screening as well as the addition of four new boarding sleeves.
Works will start in late 2011 and will double current capacity at the airport.
Without ruling out the idea of building their own airport terminal, the airline will wait to see how the modernization works initiated by the Executive Port Commission (CEPA) evolve.
While the government can not recover the investment made in Union Port, resources for the expansion of the airport cannot be counted on.
The expansion and modernization of the International Airport in El Salvador will be funded through securities, which will be issued on 18 February.
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