Peru's Open Skies Policy: Air agreements expected to generate US$70 million in revenue

Photo: Presidency of the Republic of Peru

Photo: Presidency of the Republic of Peru

01:00 | Lima, Jul. 15.

In less than five months, the Ministry of Transportation and Communications (MTC), through the General Directorate of Civil Aeronautics (DGAC), signed a total of 14 international instruments, including memorandums of understanding (MOUs) and agreed minutes.

These important international agreements were reached with Colombia, Spain, Chile, Panama, Brazil, Costa Rica, El Salvador, Paraguay, Guatemala, the Bahamas, Bolivia, Ecuador, Uruguay, and Guyana. 

With the signing of these agreements, Peru has completed its air transport liberalization process across South America and has expanded its strategy to Central America, the Caribbean, and Europe.

The implementation of this state open skies policy is already delivering tangible results for the South American country's connectivity.

New frequencies

Driven by the new regulatory framework, several airlines have requested permission to increase their operations to Peru, adding a total of 49 weekly frequencies that will be introduced progressively over the remainder of the year.

This operational expansion will provide the country with more than 500,000 additional seats annually on international flights, significantly increasing capacity and travel options for passengers and businesses.

Projections for this expansion point to a significant multiplier effect on the national economy.

If these operations are maintained for a full year, the new frequencies have the potential to add more than 432,000 passengers.

The arrival of this significant number of travelers would generate about US$70 million annually in foreign exchange earnings through inbound tourism, directly contributing to job creation and economic activity across Peruvian regions.

In addition, this policy generates benefits that extend beyond tourism and directly benefit the export sector.
 
The agreements reached with Brazil, Paraguay, Costa Rica, Bolivia, Ecuador, Uruguay, and Guyana grant up to seventh freedom traffic rights for cargo-only services.

This measure is vital for producers, as it reduces logistics costs and enhances the efficiency of the global supply chain.

Global positioning

Regarding intercontinental connectivity, Peru has secured a robust network with the leading tourist source markets in Europe and Oceania.

The effort took off with the entry into force of the Air Services Agreement with Australia in December 2025, removing geographical restrictions on air operations.

This was followed by the signing of the agreement with Spain, which became one of Peru's key showcases at the FITUR 2026 tourism fair, strengthening the country's global profile.

Thanks to the regulatory framework and unlimited traffic rights established under this agreement, Spanish airline Level launched operations in June 2026.

It introduced three weekly non-stop flights between Lima and Barcelona, immediately boosting air traffic and tourism between the two destinations.

The MTC continues to pursue an active air transport liberalization policy aimed at positioning Peru as South America's leading air connectivity hub.

By removing operational barriers and opening the skies to the world's most important markets, the MTC strengthens international connectivity, facilitates the arrival of tourists, boosts export sector operations, and significantly enhances Peru's integration with the rest of the world.

(END) NDP/CCH/MVB

Publicado: 15/7/2026