From 23rd to 25th of February representatives from airlines, airports and the tourism industry will be reviewing air services in the region.
More than 400 aviation professionals, representatives from 70 airlines, 25 authorities for tourism and airports will meet from 23rd to 25th February in El Salvador in the seventh edition of Routes Americas, an event aimed at developing new routes and expanding connectivity .
A pre-feasibility study on a rail transport system for El Salvador has as its main concept the interconnection with other countries in the region.
Laprensagrafica.com reports that Jose Antonio Sebastian, director of strategic development and international business for the company Tramrail said that the study "will designate routes for connecting with the Central American countries ...
93% of the $58 million raised by the securitization of future revenues of the International Airport of El Salvador were provided by Pension Funds.
Editorial
The administrators of the pension funds are obliged to invest mainly in government bonds, and this significantly affects the low returns earned by contributors in those funds.
The case of the securitization by the Autonomous Executive Port Commission (CEPA) to obtain funds to finance the modernization of El Salvador International Airport, is a good example of how we can better invest capital from pension funds, while obtaining better financing for public works, and so that the financial profits stay within the country.
From yesterday until Friday, port representatives from the isthmus will be gathered, assessing the progress in port modernization.
In the beginning of the meeting Rolando Diaz, manager of concessions for the Autonomous Port Executive Committee of El Salvador, referred to the completion of la Unión Centroamericana Port in December 2008, with an investment of $183 million.
The Executive Commission on Autonomous Ports in El Salvador says it will upgrade the Ilopango Airport, with work to start next June.
The commission will convert the Port of Ilopango to make it a location for internal commercial flights and for Central American destinations, said its president, Albino Román.
He said the property will be divided between the port authority, the Air Force, and the Civil Aviation Authority.