Peru’s open skies policy is expected to generate close to $70mn a year in foreign exchange earnings, after the country signed 14 international air transport agreements in under five months, Andina reported on July 17.
The agreements, negotiated by Peru’s Ministry of Transportation and Communications through its General Directorate of Civil Aeronautics, were reached with Colombia, Spain, Chile, Panama, Brazil, Costa Rica, El Salvador, Paraguay, Guatemala, the Bahamas, Bolivia, Ecuador, Uruguay and Guyana. The ministry said the deals complete Peru’s air transport liberalisation process across South America and extend its reach into Central America, the Caribbean and Europe.
Airlines have already requested permission to add 49 weekly frequencies to Peru as a result of the new framework, a build-up expected to continue through the rest of the year, according to Andina. The additional capacity would bring more than 500,000 extra seats a year on international routes, and could add more than 432,000 passengers annually if sustained over a full year, generating the projected $70mn in tourism-related foreign exchange earnings.
Agreements with Brazil, Paraguay, Costa Rica, Bolivia, Ecuador, Uruguay and Guyana also grant up to seventh freedom traffic rights for cargo-only services, a measure the ministry said would lower logistics costs for exporters and improve efficiency across regional supply chains.
On intercontinental routes, Peru’s agreement with Australia took effect in December 2025, removing geographical restrictions on air operations between the two countries. A subsequent agreement with Spain, showcased at the FITUR 2026 tourism fair, paved the way for Spanish carrier Level to launch three weekly non-stop flights between Lima and Barcelona in June 2026.
The ministry said it will continue pursuing air transport liberalisation as part of a broader strategy to position Peru as South America’s leading air connectivity hub.