From a press release from the Civil Aviation Authority in Panama:
The Civil Aviation Authorities of Panama and Colombia, held a bilateral meeting to consider extending the Memorandum of Understanding of February 18, 2010, regarding the services exclusively for cargo.
These talks were held at the Directorate General of Civil Aviation Authority of Panama, under a frank and cordial atmosphere.
The delegations were led by the Director General of the CAA of Panama, Cap. Rafael Barcenas, and the Director General of Civil Aviation of Colombia, Dr. Santiago Castro Gómez.
The meeting also was attended by several representatives of the air cargo sector from both countries.
At the end of the discussions it was agreed that exclusive cargo flights will operate on multiple designations, without limitations on frequency or equipment, with traffic rights of up to fifth freedom in the continent of America.
It was also agreed that airlines from both parties may exercise sixth freedom rights, as established by parameters for flexible schedules and procedures for the simplification of granting authorizations.
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The memorandum signed by both nations covers topics such as exploitation rights and customs, commercial representation and other things.
From a press release issued by the Presidency of Panama:
Under the framework of the XXIII Ibero-American Summit, Panama and Portugal signed this Saturday, October 19th, a new bilateral air services agreement, a product of the discussions that have been "held in a cordial atmosphere, between delegations of the two countries".
The two countries have negotiated 21 new flight frequencies from Panama to Brazil.
A press release from the Civil Aviation Authority reads:
The Director General of Civil Aviation Authority (CAA), Cap. Rafael Barcenas Chiari, along with a delegation from this institution, held a meeting with members of the National Civil Aviation Agency of Brazil, to renegotiate the framework of commercial aircraft relations between both countries.
The flight will run three times a week and will start in late 2013, with the possibility of adding a fourth flight in 2014.
"... The operation will change the way people get to Europe via Panama, not only for Panamanians, but also for all Latin Americans", reported Prensa.com.
"In February the Civil Aviation Authority (CAA) signed a memorandum of understanding with its French counterpart, a document which allows the arrival of airlines from the European country to Panama".
After the termination in March of this year of Aeroperlas Regional’s operations, no other companies are in sight to compete in the market with Air Panama.
Rafael Barcenas, director of the Civil Aviation Authority (CAA) said that while it is not healthy that there is a single operator for domestic routes, as it is a regulated market, users have not been affected in terms of fares after Regional Aeroperlas’ exit of from the market.