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The International Airport at Panama City, Panama is Tocumen International Airport. With 14 airlines and service to the Americas and Europe Tocumen is fast becoming the major air hub for all of Latin America. Panama’s position on the land bridge between Central and South America is ideal for connecting flights to and from all parts of the Americas and on to Europe.

The United States has the largest number of destinations out of Tocumen International Airport in Panama followed by Brazil and then Colombia. The carrier with the most destinations out of Tocumen is Spirit Airlines with 48 followed by Panama’s flag carrier, Copa with 45.

According to Wikipedia the following are passenger totals for Tocumen International Airport, Panama for the last few years.

The doubling of passengers using Tocumen International Airport from 2003 to 2008 is consistent with Panama’s tourist and economic booms.

Copa Airline, Tocumen International Airport, and Panama

A recent Copa Airline press release states that, “Because of the expansion and the modernization of Tocumen International Airport, headquarters of the Hub of the Americas, Copa Airline has been able to expand the number of destinations and frequency of flights it offers. The hub's future growth will be facilitated by the recent opening for international bidding on construction of the airport's new terminal and infrastructure.”

Copa Airline’s press release goes on to quote Tocumen’s general manager as saying that, “The new terminal demonstrates the national government's ability to promote its vision for domestic and international growth and development. The new terminal is key for positioning and strengthening Tocumen as a preferred hub world wide, and as means to facilitate commercial and tourism activity in the country."

Airlines serving Tocumen International Airport, Panama include the following:

Air Caraibes, Aires, American Airlines, Avianca, British Airways, Copa, Continental Airlines, Cubana, Delta Air Lines, GOL Transportes Aeros, Iberia, KLM Royal Dutch Airlines, Mexicana, and Spirit.

Panama has a pro business investment climate. Panama has the highest rate of foreign investment per capita in all of Latin America. Panama is investing in continual improvement of its already first world infrastructure. The past and future improvements at Tocumen International Airport in Panama are just one set of examples.

Panama Investment

Ever since the US handed over the Panama Canal to Panama in 1999 the perception of Panama as a US colony has dissipated. Investment in Panama is driving a construction boom. A flood of North American tourists and retirees have come to Panama and many have taken advantage of Panama’s easy residency requirements to stay here.

Not only are North Americans making investments in their homes in Panama but many younger expatriates moving to Panama to take advantage of the positive business and investment climate.

Investment in commercial property in Panama is especially promising as it ties into Panama’s growing prosperity. Latin America in general is prospering with an increasingly wealthy middle class. Commercial real estate taps into this increasing wealth and, unlike the high end housing market, is less dependent upon North American cash flow.

If you are interested in Panama investment, housing, and business please contact us at ABPanama. We have over 23 years experience managing real estate portfolios and would be pleased to help you.