Chile, Colombia and Belize are among the countries with the highest expected airline passenger growth rates in Latin America over the next few years, air transport specialist Jason Sinclair told BNamericas.

The compound annual growth rate (CAGR) for airline passenger numbers in the whole of Latin America from 2015-19 is projected at 4.8% with smaller countries taking up the top spots, according to Sinclair, who is the regional corporate communications manager for the International Air Transport Association (IATA).

"A 9.5% increase is expected in Belize, followed by a 7.1% rise in Honduras and a 7.0% increase in Guatemala," he said.

Among the larger markets, Chile is forecast to see a 6.8% annual rise in passenger numbers, followed by Colombia and Ecuador at 6.6% and 6.4%, respectively, the IATA representative added.

Upcoming airport expansion projects aimed at meeting the rise in demand include a US$34mn concession for the Carriel Sur airport in the Chilean city of Concepción. Bids are currently being evaluated by the country's public works ministry (MOP).

A tender for a 195bn-peso (US$64mn) public-private partnership to upgrade and operate the El Edén international and the Benito Salas domestic airports in Colombia is also underway. Launched by the country's infrastructure agency ANI, a winner is expected to be announced this month.

For more on upcoming airport expansions and construction projects, visit this page.


Source: BNamericas