Grupo CCR, which already owned 49% of Aeris, concessionaire of the Juan Santamaría airport, has now acquired 97% of this firm and will be in charge of the management of the air terminal.
Elfinancierocr.com reports that "... The control that the CCR Group will now have at the airport will not harm the running of the air terminal.This means that neither the airlines nor the companies that currently work on the property will be negatively affected in any way, according to Rafael Mencía, Aeris' executive director."
Construction of four new boarding gates, a taxiway and expanding the lobby are some of the investment projects that the concessionaire of Juan Santamaria airport plans to carry out between 2017 and 2019.
The company granted the concession for running Juan Santamaria International Airport in Costa Rica, has announced that $100 million will be invested over a period of two years in various works at the terminal, which will be completed by January 2020.
The company managing San Jose International Airport will be issuing bonds in order to refinance bank debt assumed in the works to expand the terminal.
From a statement issued by Moody´s:
New York, September 18, 2015 -- Moody's Investors Service, ("Moody's") assigned a provisional rating of (P) Ba2 to Aeris Holdings Costa Rica S.A. de C.V.'s issuance of approximately US $127 million of senior notes ("Notes"). Proceeds will be used to refinance the outstanding loans consisting of roughly $89 million obtained in 2011 from Overseas Private Investment Corporation and Inter-American Development Bank, and $25 million of the IBSA Subordinated Loan (a loan from the shareholders).
Of the 4,500 square meters of new commercial area in the Juan Santamaría, 850 square meters are available, which are expected to be tendered in June and July.
Café Britt is the first company that has moved into to this new area and left its old 299 m² premises available, and a competition is already underway to awarded them to another company. In addition to those premises, the only other space left is 550 m², in which the Costa Rica company Aeris, administrator of the terminal, will incorporate shops dedicated to selling clothes and accessories.
Works have started with the movements of land to build a new aircraft maintenance hangar at the international airport in San Jose, a project valued at $39 million.
From a statement issued by the Government of Costa Rica:
New aircrafthangar to be built at Juan Santamaria Airport
A terminal for domestic flights and a new fire station are part of the works that the administration of San Jose International Airport plans to start in November.
This project includes two ramps for aircraft waiting at the new domestic terminal and a fire station in in the southern sector, and it is expected that construction will start in November this year.The investment for these two works to be carried out simultaneously amounts to $20 million and is expected to be completed during 2016.
The tourism minister has ruled out the possibility of building a new airport, arguing that the current one has sufficient capacity and there is a more urgent need for improving and expanding the one in Liberia.
Remodeling the Daniel Oduber Airport in Guanacaste is the option which the tourism minister, Wilhelm von Breymann has proposed, since the construction of a new terminal is not a priority and would involve a long process of preparing feasibility studies.
Two new boarding gates and one thousand square meters of commercial areas are to be built with an investment of $20 million at the main airport in Costa Rica.
3000 meters of construction will be added to the fourth stage of the airport that consists of "... In two boarding gates with their respective connecting sleeves which will be located east of the main building." While the second part of the project involves the construction of 1,000 meters dedicated to commercial areas.
The elimination of LACSA routes, which in 2013 changed hands to Avianca, partly explains the reduction in landings and takeoffs at the two main airports compared to 2012.
In 2013 76.287 landings and takeoffs were recorded in the two major international airports in the country, while in 2012 this figure was 80.007, according to the National Directorate of Civil Aviation.
The airport is planning 700 square meters of new retail space, which will include a supermarket and clothing stores.
The information was released by Rafael Mencia, CEO of Aeris, the company responsible for managing the airport, adding that the new premises will be located in the west of the terminal.
The International Airport at San Jose will have added capacity to handle 260,000 passengers a year, with two new boarding gates and another 1,000 square meters in commercial spaces.
As explained Vilma Lopez, deputy director of Civil Aviation, Aeris (manager of the terminal), will be the company in charge of the enlargement process in the east of the terminal, opposite Cooperativa Autogestionaria de Servicios Aeroindustriales (Coopesa R. L).
The international airport in the capital of Costa Rica, will be too small to meet the air traffic needs of Costa Rica in the next 10 years.
In 1996 the U.S. consultancy firm TAMS Inc. "recommended the Civil Aviation authority to move the administration of Juan Santamaria Airport into private hands, while a new terminal was being built", which should be operational in 2020.
In the absence of plans for the expansion of the El Salvador International Airport, the airline is hoping to settle in another of the region’s capitals.
Comalapa airport is home to AviancaTaca and its air hub in the region, but it is becoming stretched to capacity and inadequate for the airline’s expansion plans.
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