Tocumen SA pays a 5 million dollar dividend to the state

He Tocumen International Airport, handed over to the National Treasury five million dollars in dividends corresponding to fiscal year 2022.

Raffoul Arab, General Manager of Tocumen, SA He said that this payment has great significance, because, although relatively small, it is the first dividend payment since 2019, when the airport was forcibly closed for eight months and then gradually opened with multiple restrictions due to the covid pandemic. 19, which dramatically reduced revenues.

Ago pandemic Tocumen, SA lhe paid between $20 and $25 million a year in dividends by will. In order to face the effects of the health crisis, we are applying a strategy of business recovery, attracting airlines, debt restructuring, activating non-aviation concessions and strict spending control, Arab explained.

In that sense, general manager of Tocumen He added that the company fulfills its obligations to creditors and suppliers, and in addition it catches up with the payments it must make by law to the Agency for Tourism (ATP), Civil Aeronautics (AAC) and the Ministry of Public Affairs (CONAPREDES). . ), delivering more than $20 million between 2020 and 2022.

Projections of increase in passenger traffic and traffic commercial activity of Tocumen International Airport propose that in 2023 the contribution for National treasure It will be higher based on estimated revenues of $278 million, or 15% more than in 2022.

He Tocumen International Airport connects international commercial flights with regular itineraries to and from 83 cities, in 37 countries of South America, Central America, the Caribbean, North America and Europe, representing an important link in the reactivation of the Panamanian economy.

Tocumen, SA is a 100% owned company the country of panamacreated by Law 23 of January 29, 2003, regulated by the Civil Aviation Authority and subject to laws applicable to public institutions in the country.

He disposes of his own income, contributes to the state, Panama Tourism Authority, Civil Aviation; The National Commission for Suppression of the Crime of Sexual Exploitation (CONAPREDES). In addition, it manages and operates the Enrique Malek Cargo Terminal and Regional Terminals in Chiriquí; Panama Pacific, in western Panama; Scarlett Martínez in the province of Coclé and Enrique Jiménez in the province of Colón.