reported that aeronautical authorities of Peru and Spain have signed a final agreement eliminating air capacity restrictions between both countries, marking a historic milestone in their bilateral air transport relationship.
The agreement was signed on January 15, becoming one of Peru's flagship highlights at the International Tourism Trade Fair (FITUR) 2026, as it strengthens air connectivity with one of the South American country's leading outbound tourism markets.
"Recognizing the sustained growth in air traffic and the strong projected demand between Peru and Europe, the agreement allows designated airlines from both countries to operate under a fully liberalized framework," the MTC explained.
"The agreement provides for unlimited frequencies, removing the cap on weekly passenger and cargo flights under third and fourth freedom services—traffic rights that allow direct round-trip flights for both passengers and cargo—as well as full fleet flexibility, among other positive aspects," it added.
Thanks to this agreement, Peru sends a clear message to tour operators and European airlines present at FITUR 2026: the country now has the necessary regulatory space to expand air connectivity.
Likewise, the removal of barriers allows airlines to plan new routes and increase frequencies with full operational freedom, strengthening Peru's position as a regional air hub.
The MTC noted that this liberalization will deliver results in the short term due to the entry of a new Spanish airline set to connect Lima and Barcelona three times a week starting in June 2026, reactivating bilateral air traffic and providing greater connectivity opportunities for both Peruvians and Spaniards.
The final agreement will enter into force in the coming days, once the relevant internal procedures in both countries have been completed; however, from the moment of its signing, it establishes new ground rules for a rapidly expanding air market, creating greater opportunities for tourism, trade, and Peru's international air connectivity.
The MTC reaffirmed its commitment to continue promoting modern air transport agreements that strengthen the country's integration with the world, boost the aviation sector's competitiveness, and contribute to national economic and tourism development.
(END) NDP/CNA/MVB