Abstract
Purpose: This article aims to describe the development and evolution of the airports and air transport industry in Colombia. During the past fifteen years Colombia has witnessed a remarkably rapid and dynamic growth in air transport. This period coincides with the establishment and continuous implementation of public policy specifically designed for the air transport sector and airports. Methodology / Approach: The evolution of air transport in Colombia is evaluated descriptively through the analysis of air transport and socio-economic historical data. The impact of public and investment policies is analyzed through a cause-effect approach. Findings: This paper describes how the air transport/airport industry in Colombia has been directly and positively affected by the implementation of public policies and other legislation, while measuring the effect and impact of this industry on the Colombian economy. Originality / Value: This work fills a notorious deficiency in specialized literature concerning air transport in Colombia and Latin America in all its aspects and dimensions.
Highlights
IntroductionColombian air transport is undergoing rapid and dynamic growth, never before seen in its history, which started approximately 15 years ago
Colombian air transport is undergoing rapid and dynamic growth, never before seen in its history, which started approximately 15 years ago. This period coincides with the establishment of continued implementation of public policy designed for the air transport sector
This process of liberalisation of traffic in Colombia has been undertaken in 3 fundamental stages: the stage started at the beginning of the 1990s with the opening of commerce, and the implementation of a model in which the limiting factors that were eliminated with regard to foreign investment in airlines operating in the country and permission for more companies to operate in the local market
Summary
Colombian air transport is undergoing rapid and dynamic growth, never before seen in its history, which started approximately 15 years ago This period coincides with the establishment of continued implementation of public policy designed for the air transport sector. Colombia's privileged geographical location permits connection with regional and global economies, a fact which is fundamental given the dynamics of world globalisation. In this sense, the Colombian state considers air transport an essential public service, which reflects its role as vital to national economic development. This essay will describe how, the evolution and the development of the Colombian air transport industry has been directly and positively affected by the implementation of public policies and other legislative instruments (laws, decrees, standards) and its effects and impact on the Colombian economy will be measured
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