Peru has the potential to become an aviation success story, but underdeveloped infrastructure and punitive taxes and charges are curtailing air transport’s benefits.
Aviation and aviation-induced tourism support 280,000 jobs in Peru and contribute $4.4 billion to the country’s GDP (2.1% of overall GDP).
This would grow if capacity was expanded at its key Lima airport, and taxes and charges were more competitive.
Now is the time for Peru to be smart about aviation policy and ensure the right air transport infrastructure and cost structure are in place
Jorge Chávez International Airport was built to accommodate 10 million passengers but currently handles 19 million, while Peru ranks 136th for ticket taxes and tourism charges according to the World Economic Forum.
“Peru has all of the elements to become a regional aviation powerhouse: a favorable location for cross-border air connectivity, world-class cultural and culinary assets and a growing economy,” said Peter Cerda, IATA’s Regional Vice President for the Americas.
“Now is the time for Peru to be smart about aviation policy and ensure the right air transport infrastructure and cost structure are in place.”