Panama’s Tourismo Aereo Airline Working On All Six

Turismo Aereo, a Panamanian airline, has managed to become the domestic carrier with the largest fleet and the biggest gross capital in just nine months. According to the company’s founders, this position was clinched thanks to the purchase of assets and stocks from Mapiex Aereo.

For the oncoming year, Turismo Aereo is reportedly planning to make the domestic market grow by 25 percent and amass half of all revenues in that market niche. There’re other plans that include custom-made tours and visits to non-traditional travel destinations.

Panama’s youngest domestic carrier has also set sights on a far more ambitious target: the rekindling of operations left unattended by the TACA Group –currently a shareholder of Aeroperlas-and the binding of travel destinations on both the Atlantic and Pacific coasts by the year 2007.

Panamanian domestic airlines carried 208,365 passengers last year, up 15.5 percent from 2002. The top end destinations were David (37 percent of the total), Bocas del Toro (24 percent) San Blas Islands (21 percent) and Las Perlas Archipelago (12 percent).

Turismo Aereo was founded by George Novey, Michael Petrosky and Eduardo Stagg on March 15, 2004. This trio was for years linked to Aeroperlas, the country’s leading company in domestic aviation.