The aircraft maintenance company Aeroman has confirmed its plan to expand its facilities in the department of La Paz, which will increase its service from 12 to 28 aircraft.
Laprensagrafica.com notes that the project "... will be implemented in two phases, the first will have an investment of $55 million and will be for the construction of a fifth Aeroman hangar, in addition it also includes a taxiway, platform for use by the hangars and renovation and improvement of access roads. "
BAA Aviation Flight Support is going to invest $8 million in a new private jet terminal at Tocumen International Airport in Panama.
The company Asig Panama SA, subsidiary of BAA Aviation, will be responsible for building and operating the new terminal, which will handle migration for passengers arriving in private jets, in an area of 7.000 hectares which will also include waiting rooms and tax free shopping.
There are companies interested in investing in this industry but they need clear rules before making the decision to go to El Salvador.
"Here, what the government needs to do is move with agility in order to outpace other countries who are going the same route, they have to be more aggressive in putting together a proposal for all the players involved, which is what Mexico did and it is still attracting investments," said Ernesto Ruiz, CEO of Aeroman.
With an investment of $15 million Aeroman has begun construction of a fourth hangar for aircraft maintenance.
In order to expand operating capacity, Aeroman is investing in the new hangar, which will operate three production lines, creating 500 new jobs and increasing their ability to meet increased demand from the United States.
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