According to the Wholesale Prices of Agricultural Products bulletin delivered by the Rural Agricultural Planning Unit (UPRA), in April 2025, there was evidence of a decrease in the prices of several products in the family basket, while others had increases. Compared to March 2025, April had a mix of ups and downs that reflect variations in supply and demand, influenced by seasonal and climatic factors.

The prices of fresh fruits fell in products such as common mango, papaya, oranges, and pineapples. However, Tahiti lemons, mandarins, and avocados rose more than 10%, driven by a reduction in their supply due to adverse weather factors. The tubers and roots group also reported a reduction in the prices of yellow and white arracacha, as well as in bananas and cumin. Despite this, black potatoes, creole potatoes, plantains, and cassava experienced increases in their prices, especially highlighting the different varieties of black potatoes and cassava.

“Price fluctuations in wholesale markets reflect both seasonal conditions and variations in product supply. These changes are a reminder of the importance of monitoring the food market to ensure stability and access to fresh and nutritious products,” explained Dora Inés Rey, acting director of the UPRA.

In meat, pork prices fell in several cuts, while beef and chicken registered moderate increases. For their part, artisanal cheeses also had increases in their prices.

On the other hand, vegetable prices showed increases of more than 10% in products such as white onions, tomatoes, carrots, broccoli and junca onions; affected by the lower supply in the harvests due to rains in the main producing regions. The white-headed onion registered an increase of more than 10% due to the reduction in the harvests of Boyacá, Nariño and Cundinamarca.

Farmers holding Pineapples. Photo credit: UPRA.

International travelers passing through Colombia’s major airports may face significant delays as migration workers began a new phase of “plan tortuga” (tortoise plan) or work slowdown. The protest, led by the two main unions of the Ministry of Foreign Affairs —the Union Nacional Sindical de Empleados de Migración Colombia y Ministerio de Relaciones Exteriores (UNASEMIG) and the Organización Sindical de Empleados de Migración Colombia (OSEMCO)—is a response to what the workers say is the Colombian government’s failure to follow through on key labor agreements made in late 2024. In December, they had reached an agreement soon after they declared the “plan tortuga” that led to chaos at major airports amid peak season and sparked widespread criticism.

As Yeison Mesa, leader of OSEMCO, told Bogota television channel CityTv, the protest stems from months of unfulfilled commitments and the lack of government response. The demands include the redesign of the agency’s organizational structure and the implementation of a decree allocating a budget for bonuses for workers.

The actions are in response to the government’s failure to implement measures promised last winter, such as hiring additional staff to meet the rise in air traffic.

Just before the current protest, workers carried out symbolic demonstrations, such as covering Migración Colombia offices and border posts with protest posters. While the unions insist that they are open to dialogue, they are pushing for long-overdue improvements to working conditions and the proper functioning of Colombia’s migration services and will keep the “plan tortuga” until the implementation of the agreements made with former Foreign Minister Luis Gilberto Murillo.

The protest does not involve a full work stoppage. Instead, migration officers will continue their duties, such as stamping passports and verifying documents, but will strictly adhere to all formal protocols, significantly slowing the process. This tactic, commonly referred to in Colombia as a “plan tortuga,” is expected to generate long lines and extended wait times at international entry and exit points.

Airports expected to be most affected include El Dorado in Bogotá, José María Córdova in Rionegro (serving Medellín), and Alfonso Bonilla Aragón in Cali — Colombia’s busiest international terminals. The unions have urged travelers to arrive at least four hours early for their flights to account for the slowdowns. Meanwhile, Migración Colombia, the government agency overseeing migration procedures, echoed the advice through their social media platforms and website and encouraged passengers to remain informed through official channels.

The International Air Transport Association (IATA) has also raised concerns, warning that the slowdown could harm airport efficiency and airline punctuality. In a statement, the organization urged passengers to use the BioMig system — an automated migration checkpoint for registered travelers — and to stay informed on flight status. The IATA also emphasized that airlines should not be held accountable for delays caused by labor disputes outside their control.

Headline photo: El Dorado Airport. (Photo: Carolina Cuervo)

Procaps Group, a Barranquilla, Colombia-based pharmaceutical and healthcare firm, has finalized a $130 million USD equity investment and a comprehensive debt restructuring agreement with its primary lenders. This financial restructuring follows a period of significant challenges for the company, including a notification from Nasdaq regarding the suspension of its stock listing and ongoing scrutiny of its accounting practices. The financial overhaul coincides with a change in strategic leadership, as new investors assume controlling stakes in the company.

The $130 million USD equity investment includes a previously disclosed secured convertible note issuance of $40 million USD from Hoche Partners Pharma Holding S.A. in mid-October 2024, intended to provide Procaps with liquidity during a period of financial distress. This note has since been converted into ordinary shares. The remaining $90 million USD was raised through a private placement of ordinary shares. The investor group comprises Chemo Project S.A., Becaril S.A., Flying Fish Ventures L.P., Saint Thomas Commercial S.A., Santana S.A., Hoche Partners Pharma Holding S.A., and other undisclosed investors. This collective now holds approximately 90% of Procaps’ shares.

The involvement of Hoche Partners in Procaps’ financial restructuring follows a period of contention between the Chilean-origin investment firm and the company’s previous management. In November 2024, Procaps received notification from Nasdaq regarding the suspension of its stock listing after failing to file its Form 20-F for the fiscal year ending December 31, 2023, with the US Securities and Exchange Commission (SEC).

This situation arose after Hoche Partners Pharma Holding initiated legal action through the US law firm Gibbons P.C. due to identified irregularities in the company’s accounting. Hoche Partners had proposed a change in management to address the delays in financial reporting.

According to a letter submitted to the SEC by Gibbons P.C. on behalf of Hoche Partners in late October, the investment firm had offered a $40 million USD liquidity injection to Procaps on October 20, 2024. The proposal outlined an immediate availability of half the funds, with the remaining half to be raised and invested before the end of the year.

Gibbons P.C. stated that this offer was contingent upon changes in corporate governance and voting rights affecting the majority shareholders while allowing them to participate in capital increases. Another condition involved the majority shareholders reimbursing the company for expenses related to the accounting investigation. However, Procaps’ management reportedly rejected this proposal and presented counteroffers deemed “unacceptable” by Hoche Partners. Consequently, Hoche Partners withdrew its offer on October 28, 2024.

Despite the withdrawal, Hoche Partners now intends to play a significant role in guiding Procaps’ transformation and supporting its long-term strategy. The new shareholder base, which includes investors with experience in the healthcare and pharmaceutical sectors, is expected to actively participate in the company’s turnaround efforts.

Alejandro Weinstein, Chairman of the Board and representative of Hoche Partners, stated, “With this strong and committed investor group that trusts the future of Procaps, the company is now in a position to stabilize, rebuild trust, and create long-term value through operational discipline and a renewed strategic focus.”

Simultaneously, Procaps finalized a comprehensive restructuring of approximately $209 million USD in debt that was previously under forbearance. The agreement with key lenders includes:

• Extension of debt maturities and revised payment schedules to improve near- and mid-term cash flow.
• Reprofiling of financial obligations to align with the company’s operational turnaround timeline.
• Adjustment of financial covenants to better reflect current operations and the strategic plan.
• Preservation of liquid assets to support ongoing operations and strategic initiatives.
• As part of the debt restructuring, certain lenders have agreed to convert a portion of their debt holdings into equity in the company, indicating an alignment of interests with Procaps’ long-term prospects.

Interim Co-Chief Executive Officer Melissa Angelini commented, “This financial reset gives us the breathing room and flexibility to focus on what matters: rebuilding the core of the business and creating sustainable value.”

These financial maneuvers follow a challenging fiscal year 2024 for Procaps. The company’s current focus is on executing a turnaround strategy that includes addressing the findings of a previously disclosed internal investigation related to internal controls, governance, and financial reporting. Procaps is also in the process of finalizing the restatement of prior-period financial statements and intends to release its audited 2023 and 2024 financials as soon as practicable. The delay in filing its Form 20-F was a key factor leading to the Nasdaq delisting notification.

Additional elements of the turnaround strategy include implementing structural cost-efficiency measures, centralizing decision-making, and prioritizing margin expansion through operational discipline and business simplification.

In a significant organizational shift, Procaps has relocated its corporate headquarters to Bogotá, Colombia. This move aims to centralize strategic, financial, and executive decision-making closer to the company’s primary markets. However, the company’s operational footprint in Barranquilla, where manufacturing plants, product development, and other key operational teams are based, will remain unchanged.

The headquarters relocation is part of a broader internal reorganization that involves the centralization of finance, financial planning and analysis (FP&A), compliance, legal, and information technology (IT) functions. The company is also implementing leadership transitions to foster a performance-oriented management culture, enhancing governance structures, and strengthening internal controls, reporting mechanisms, and operating discipline.

To enhance accountability and improve commercial performance, Procaps is reorganizing its operations into five regional clusters: Colombia, Brazil (B2B), United States (B2B), Andinos (comprising Peru, Ecuador, and Bolivia), and CENAM (including Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, and the Dominican Republic).

Furthermore, Procaps is actively pursuing strategic alternatives for non-core assets, with several discussions reportedly in advanced stages. The potential proceeds from these sales are intended for debt reduction and reinvestment in high-margin, strategic assets and operations.

With a restructured capital base and new leadership in place, Procaps states its focus is on restoring profitability through operational efficiency and cost control, reinforcing governance and transparency, delivering on its remediation plan, divesting non-core assets, and investing in innovation and commercial growth, particularly in prescription drugs and expanding its contract development and manufacturing organization (CDMO) global footprint. The company faces the ongoing task of addressing its delayed financial filings to regain compliance with Nasdaq listing requirements.

Greenberg Traurig, LLP advised Procaps as lead transaction and US counsel, Arendt & Medernach S.A. as Luxembourg counsel, and Philippi Prietocarrizosa Ferrero DU & Uria as Colombian and Peruvian counsel. FTI Consulting served as the company’s exclusive financial advisor.

Photo credit: Procaps Group website.

Fitch Ratings has revised Colombia’s credit rating outlook from stable to negative, while affirming its Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’. This adjustment reflects concerns over the nation’s fiscal trajectory and the effectiveness of corrective measures.

Fiscal Performance and Projections

In 2024, Colombia’s central government reported a fiscal deficit of 6.7% of its Gross Domestic Product (GDP), surpassing Fitch’s earlier projection of 5.6%. This shortfall was primarily due to revenue declines and the government’s inability to implement offsetting spending reductions. Consequently, the general government debt-to-GDP ratio rose to an estimated 58% from 53% in 2023.

Fitch has adjusted its deficit forecasts for the coming years, now anticipating a central government deficit of 6.2% of GDP in 2025 and 5.8% in 2026, up from previous estimates of 5.1% and 4.7%, respectively. The agency projects that the general government debt-to-GDP ratio will continue to increase, reaching 62% by 2026, diverging from the projected ‘BB’ median of 55.4%.

Government Response

Finance Minister Diego Guevara acknowledged the fiscal challenges but reaffirmed the government’s commitment to maintaining fiscal sustainability and meeting financial obligations. He projected that the deficit would decrease to 5.1% of GDP this year.

Economic Outlook

Fitch expects Colombia’s economic growth to accelerate to 2.7% in 2025 from 1.7% in 2024, driven by resilient consumer spending and a recovery in investment. Inflation is anticipated to continue its downward trend, reaching the upper band of the central bank’s 3% (+/- 1 percentage point) target by the end of 2025, down from 5.2% at the end of 2024. The current account deficit is projected to widen slightly to 2.1% of GDP in 2025 from 1.8% in 2024, remaining well below its 2022 peak of 6.1%.

Structural Reforms

The pension reform enacted last year is expected to have an annual fiscal cost of 0.3% of GDP. Additionally, a constitutional reform will increase central government transfers to local and regional governments from 27.2% to 39.6% of current revenues over 12 years starting in 2027. These measures may further constrain fiscal flexibility.

External Buffers

Colombia’s central bank has bolstered its external liquidity position, with reserves reaching $61.9 billion USD as of the end of 2024. In April 2024, the International Monetary Fund approved a new two-year flexible credit line of $8.1 billion USD for Colombia, providing an additional buffer against external shocks.

Future Considerations

Fitch indicates that a continued deterioration in Colombia’s debt-to-GDP ratio, driven by persistently high fiscal deficits or weak growth, could lead to a downgrade. Conversely, successful fiscal consolidation that stabilizes the debt ratio, along with reforms enhancing fiscal and monetary credibility, could result in a positive outlook revision.

This outlook revision underscores the importance of effective fiscal management and structural reforms in maintaining Colombia’s economic stability.

Photo credit: danielgamboabogota from Pixabay.

In March 2025, Colombia’s rural sector showed continuing improvement. The unemployment rate in the rural sector fell to 7.1%, marking its lowest level in the last six years for March. This achievement is a reflection of the sustained growth of rural employment and agriculture, which continue to be key pillars in the Colombian economy.

With 4.9 million people in total employed, the rural sector reached its highest level of employment for March since comparable records began (2001). This increase of 120,000 people compared to the same month in 2024 (2.5% growth) indicates strength and resilience of the agricultural sector, which continues to generate job opportunities in the country.

In terms of agriculture, livestock, hunting, forestry, and fishing, the sector employed 3.7 million people in March 2025, representing an increase of 381,000 people (+11.5%) compared to the same month last year. This figure positions the agricultural sector as the second economic activity that employs the most people in Colombia, with a participation of 15.5% of the entire employed population of the country.

Dora Inés Rey, director of the UPRA, highlighted: “The notable increase in employment in the rural sector demonstrates the fundamental role that agriculture and the countryside play in the economic and social development of Colombia. These results are proof that, through joint work and the implementation of effective policies, we continue to strengthen the employment and competitiveness of our producers.”

Photo credit: mariya_m from Pixabay.

As expected, there were widespread demonstrations to commemorate Labor Day and also to support Gustavo Petro, who spoke in Bogotá, formally launching the referendum to support his labor reform. In parallel, opposition leaders expressed their own opinion that any reforms should pass through the senate.

The issue is that it is neither the full senate nor the full congress got to debate the labor reform, as the 7-person gatekeeper committee didn’t allow them, and those committees are stacked with opposition senators. How many protested – tough to tell as the mainstream media aren’t easily given to reporting positive Petro news however the numbers were considerable, especially in Bogotá.

The real crux of the issue is that 99% of those complaining about the reform had a holiday. They sat at restaurants and went shopping – all the time served and attended by those who were ordinarily working with no thought of overtime payments or compensation. Any just person looking through the 12 referendum proposals would simply shrug their shoulders and agree with the concepts.

What happens next? It’s very hard to say. No one wants to see a president circumvent congress; however, there is a deep frustration with the go-slow of the committees – and there is still over a year of the administration ahead. The referendum still requires approval, and then, reportedly, a vote of over 13 million in favor, to get over the line – and even then, there is a lack of transparency.

Elsewhere, Banco de la República – Colombia unanimously cut overnight rates from 9.5-9.25%, this was as expected; however, given the recent stubbornness of the central bank there were some concerns. This will give another boon to the economy, particularly the commercial side which is already hopping.

To demonstrate this, Departamento Administrativo Nacional de Estadística – DANE Colombia reported that March unemployment dropped considerably YoY. Both total (9.6%) and urban (9.3%) were much lower than their respective 2024 readings of 11.3% & 10.8%. Total employment for was the lowest reading for March since 2015, a number that shouldn’t be ignored – also YoY over 1 million people found employment. Very positive for those seeking work.

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Photo credit: Presidencia de la República de Colombia/Facebook

Ricardo Roa, current president of Colombian state-controlled oil company Ecopetrol (NYSE: EC) and former campaign manager for President Gustavo Petro, is now embroiled in a major scandal surrounding a helicopter transport contract. A formal complaint filed with the Office of the Attorney General of Colombia alleges the existence of a rigged bidding process, tailor-made contract terms, and a corruption scheme within Ecopetrol that Roa perpetuated.

The alleged corruption model dates back to 2011 when Ecopetrol centralized its air transport provider selection. Since then, Helistar S.A.S. has continuously secured five-year contracts, with changing requirements seemingly adjusted to match its aging fleet. For example, while aircraft were originally required to be no older than five years, the 2022 bidding allowed for 20-year-old helicopters—a shift allegedly made to accommodate Helistar. The complaint highlights the company’s enduring ties to political figures close to President Petro, including Milton Cabeza Peñaranda, Helistar’s legal representative, and the Cabeza family’s connection to Danilo Romero, a political ally of Petro.

This now makes 3 major scandals for Roa, with the ISA presidential appointment, and President Gustavo Petro’s campaign finance irregularities.

Ecopetrol launched a bidding process to select air transport providers for the company and its subsidiaries, including Cenit and Ocensa, on August 16, 2023—four months after Roa assumed Ecopetrol’s presidency. Although the company led the design and strategy of the process, the subsidiaries retained the authority to finalize contracts. The complaint argues that only six Colombian companies were invited to participate and that submission deadlines were extremely short, sidelining potential competitors.

Bidders had less than a month to prepare, with proposals due on October 9, 2023, and operations expected to start by November 1. Many companies withdrew due to the tight timeline and the impractical requirement to upgrade their fleets within days. As Ecopetrol announced, the contract was officially signed on August 29, 2024, and divided into two parts: The majority of the demand went to Helistar for operations in Cúcuta and Soracá, while a smaller part went to Helicol for the Paz de Ariporo base.

However, seven months later, Ecopetrol abruptly canceled Helicol’s contract, citing technical and documentation shortcomings, and reassigned its share to Helistar. Helicol, represented by lawyer Julián Quintana, former director of the Technical Investigation Team (CTI, by its acronym in Spanish) of the Office of the Attorney General of Colombia, filed a criminal complaint accusing Roa and Cabeza of collusion, anti-competitive practices, and corruption. They alleged that a former Helistar employee, then working at Cenit, was involved in the decision-making process that led to Helicol’s removal. They also challenged the validity of inspection reports and the criteria used to terminate the contract.

The complaint also mentions a private lunch between Roa and Orlando Cabeza—the alleged true owner of Helistar—hosted at Danilo Romero’s apartment. Though officially denied, the event underscores alleged ties between Helistar and Colombia’s political elite, connections that an inquiry made by local website La Silla Vacia also suggests. Documents referred in the complaint link Orlando Cabeza to past drug trafficking operations, raising further concerns about his hidden involvement.

“We will denounce the alleged mafia within Ecopetrol dedicated to directing air transport contracts. Ricardo Roa must explain to the authorities how they decapitate bidders to benefit a well-off contractor,” Quintana said on X before sending the 53-page complaint. The document also accuses Helistar of submitting falsified pilot certifications and failing to meet the minimum 300 flight-hour requirement. As of May 8, 2024, Colombia’s Superintendency of Industry and Commerce formally charged Ecopetrol, its subsidiaries, and Helistar for allegedly directing contracts unfairly from 2011 to 2023.

This is just one of several investigations involving Ricardo Roa. He is also under scrutiny for his role in financing Gustavo Petro’s presidential campaign and for irregularities in the appointment of Jorge Carrillo as president of ISA. While Colombia’s National Electoral Council has temporarily frozen its investigation into Petro’s campaign financing, the judicial pressure on Roa continues to mount.

Headline photo: Colombian President Gustavo Petro with Ricardo Roa (photo: ANH)

In March 2025, in the country’s main wholesale centers, food supply experienced a notable recovery, with an increase of 9.8% compared to the same month of the previous year. In total, 620,267 tons of products entered the reference wholesale markets in Colombia, reflecting a strong supply dynamic and an adequate response to market demand, according to the Bulletin of Supply of Agricultural Products and Food Security of the Rural Agricultural Planning Unit (UPRA).

This supply growth is driven by significant increases in several food groups, including fresh fruits, which grew by 12.4%, and meats, which grew by 18.6%. Other key sectors, such as grains and cereals, dairy and eggs, processed foods, vegetables, and tubers, also saw substantial increases, reflecting a broad-based recovery in the agri-food sector.

Dora Inés Rey, director of the UPRA, commented: “The increase in food supply is excellent news for the country. It shows that the agricultural sector continues to be a key driver of employment and economic development, despite challenges and fluctuations, and continues to guarantee the availability of basic products for Colombian families. This growth in wholesale centers is a clear reflection of the work of our producers and the effectiveness of the policies implemented to strengthen the sector.”

At the national level, Tibasosa, Manizales, and Valledupar cities stood out with increases in food supply of more than 20%. In contrast, some cities, such as Ipiales, Florencia, and Villavicencio, saw drops in their supply; although, in general, the outlook is positive and favors access to a wide variety of products throughout the country.

The most outstanding products in terms of increased supply were fresh fruits, with products such as mandarins, avocados, pineapples, and passion fruit reporting outstanding increases. In the case of tubers and roots, ginger and yams stood out the most; while, in vegetables, the increase in the supply of products such as carrots, paprika, and junca onions was significant.

This positive performance in supply underscores the resilience of the Colombian agricultural sector and the constant effort by producers and distributors to ensure the flow of products in the country. In addition, the coming months of April and May 2025 are expected to bring with them a new wave of products, highlighting fruits such as pears, mangoes, kiwis, and pineapples, and tubers such as cassava, potatoes, and bananas.

Photo credit: JohnyVid from Pixabay.

Colombia is  facing another dark chapter in its conflict with armed groups as the mafia known as the ‘Clan del Golfo‘ unleashes a wave of violence targeting members of the police force and military in retaliation for state actions against organized crime. This resurgence of the so-called ‘Plan Pistola’, a violent tactic rooted in the era of Pablo Escobar, has reignited national concern over the safety of police and the army.

The wave of murders appears to be a direct response to the killing of José Miguel Demoya Hernández, alias ‘Chirimoya’, a commander of the ‘Clan del Golfo’, who died in a military operation on April 4 in Córdoba. His unit, estimated to include more than 2,000 members, drew profits from drug trafficking, extortion, and illegal gold mining—particularly in the region of southern Bolívar, where attacks on the Public Force have intensified. On April 15 a string of targeted killings and attempted attacks against military and police members started. Hitmen are reportedly being paid between $2 to $3 million COP ($450 to $700 USD as of the date of publication) for each assassination, and so far, the violence has claimed the lives of at least 19 police officers and 4 soldiers.

In response, the Colombian government has launched a comprehensive counteroffensive. In his recent declarations to the media, Defense Minister Pedro Sánchez Suárez announced rewards of up to $200 million COP (around $47,000 USD as of the date of publication) for information that could help prevent further attacks. The current leader of the ‘Clan del Golfo’, Jobanis de Jesús Ávila Villadiego, alias ‘Chiquito Malo’, is considered the primary target of the authorities. He is a former paramilitary fighter that assumed control of the group after the extradition of ‘Otoniel’ and now leads this robust criminal enterprise of more than 8,000 members.

To safeguard the military and police forces, the Ministry of Defense has issued a circular with eight self-protection guidelines. These include dressing in civilian clothes when off duty, avoiding routine travel patterns, staying alert to suspicious activity, and refraining from using public transport in uniform. Minister Sánchez Suárez also warned in an interview with national daily El Tiempo about possible infiltration within the military and police forces.

“These groups have managed to infiltrate the military forces and the National Police, which means there are criminals within our organization, and the full force of the law is against them. Most likely, in a few days, several of them will be captured,” he told the newspaper.

Facing the threat, state forces have mounted a strong counterattack. According to the latest press release from the Ministry of Defense, since mid-April, authorities have arrested 217 people linked to the ‘Clan del Golfo’ and confiscated 123 firearms, over 15,000 bullets, and 11 explosive devices.

However, even if the response shows a coordinated and determined effort by the state to push back against organized crime and protect those who serve, there are growing concerns that illegal armed groups are regaining ground, exposing the challenges the current government faces in asserting full control over Colombian territory.

Headline photo: Defense Minister Pedro Sánchez Suárez (Photo: MinDefensa)

Intending to offer a better experience to its passengers, LATAM Airlines Colombia renovated its lounge located at the international pier of El Dorado airport, in front of gate A1. The space, which has 650 square meters, was redesigned to provide greater comfort, well-being, and exclusive services to those waiting for their flight.

The remodeling, which began on February 24, represented an investment of $500,000 USD and allowed the modernization of different areas such as the reception, rest, buffet, coworking area, showers, and the general furniture of the lounge. The spaces have been optimized through a distribution and separation of environments, while the lighting has been renewed to provide a warmer, more functional, and welcoming experience for travelers.

One of the main changes is the renovation of the buffet, which offers a completely new gastronomic proposal inspired by South American flavors, which is complemented by a careful selection of wines and spirits from the region. The lounge will continue to operate 24 hours a day, 7 days a week, with permanent availability for international travelers.

Access to the lounge is available for passengers traveling in premium business or premium economy cabins, as well as for members of the black signature, black, and platinum categories of the LATAM Pass program. Elite passengers flying in premium cabins with allied airlines such as Delta Air Lines, Iberia, and Aeromexico can also access it. Additionally, any VISA cardholder can access it and manage their access through the Visa Airport Companion application.

A global transformation

The renovation of the lounge in Bogotá is part of an ambitious transformation plan that LATAM is implementing in its main airports around the world. During 2025, new spaces will be added in Peru, Brazil, and the United States, aligned with the standard of the Santiago lounge, inaugurated in 2022. This new generation of halls is distinguished by modern, comfortable architecture and interiors with local identity, integrating cultural, gastronomic, and hospitality elements specific to each country.

Among the projects is the upcoming opening of the lounge at the Jorge Chávez airport in Lima, with an investment of $10.5 million USD, and the development of the new space at the Guarulhos airport (São Paulo), with an estimated investment of $18 million USD and scheduled to open in 2027. In the United States, LATAM is also planning to expand its lounge at Miami airport in the coming years.

These renovations by the LATAM Group are aimed at offering a premium experience, creating spaces designed for rest, comfort, and enjoyment in each destination.

Photo credit: LATAM Airlines.