CAF: Airport investments of USD53.2bn required to close Latin America demand-capacity gap to 2040

Banco de Desarrollo de América Latina (CAF - Development Bank of Latin America) reported (04-Jul-2018) investments required to close demand-capacity gap in 2016-2040 amount to USD53.2 billion at 2016 prices, whereas current investments stand at USD13 billion. CAF noted close to 50% of total investment (USD25.5 billion) is required in the coming decade due to the large capacity demand of the sector. Almost 70% of the total investment will be concentrated in Mexico, Brazil and Colombia due to significant traffic growth projections and a lagging capacity in their major airports, CAF reported. [more - original PR - Spanish]