The 17th edition of Colombia’s Expo Agrofuturo, held from October 23 to 25, drew nearly 12,000 visitors to the Corferias convention center in Bogotá, featuring 352 exhibitors from across Colombia and 15 other countries. The event provided a platform for the agricultural sector to explore recent advancements, industry challenges, and emerging business opportunities, with reported business expectations of over $6 million through its Agromatch business matchmaking platform.

Agromatch Generates $6 Million in Business Potential

Agromatch, Expo Agrofuturo’s business matchmaking platform, brought together 251 exhibitors and 60 buyers from countries including Argentina, Aruba, Colombia, Curacao, Ecuador, Slovenia, the United States, Guatemala, Panama, and Venezuela. The platform facilitated 524 meetings among participants, with reported business expectations totaling approximately $6.16 million. This year, exhibitors included 94 representatives from Colombia’s Ministry of Agriculture, underscoring the event’s focus on small and medium-sized producers.

Expo Agrofuturo’s 18th edition is scheduled to be held in Medellín from September 10 to 12, 2025.

Broad Regional and International Participation

Expo Agrofuturo’s exhibitors showcased a variety of products and services ranging from crop varieties, fertilizers, and machinery to transportation and logistical solutions. Representatives from Colombia’s diverse regions, including  and Cundinamarca, displayed products highlighting the country’s agricultural diversity.

International representation included notable participation from Chile, which showcased its agricultural export strength and expertise in fruit and vegetable production, a sector that generates significant revenue as the country’s leading non-copper export category. According to ProChile, Chile’s agricultural exports span 970 products, reaching over 170 destinations, with the United States, China, and Japan as primary markets. Poland and other countries, including China, Argentina, France, the Netherlands, the United States, Peru, and Uruguay, also participated, reflecting ongoing interest in accessing Colombian agricultural markets.

Casanare: Featured Region

Casanare participated as the featured region this year, bringing 20 exhibitors focused on the region’s food processing innovations. “We aim to promote sustainable development in the region through initiatives in cacao, coffee, and other agricultural transformations,” stated Casanare Governor César Ortiz Zorro. Exhibits from the region included automated fertigation systems powered by wind and solar energy, hybrid water extraction technologies, and a range of tropical fruit-based snacks.

Technology and Knowledge Exchange Through FIXA and Agrotalks

The event’s technology focus was highlighted through the display of agricultural drones, advanced machinery, and applications designed to streamline farm management. According to Agrilink co-founder Ricardo Jaramillo, digital tools and artificial intelligence are playing an increasing role in aiding farmers with planting schedules and productivity decisions.

Agrotalks, Expo Agrofuturo’s educational component, provided 1,900 attendees with insights from more than 60 speakers on topics such as sustainability, climate change, biotechnology, soil care, and the role of technology in agriculture. Agrotalks hosted sessions at three different venues within Corferias, with significant contributions from exhibitors, including representatives from Colombia’s rural development-focused Utopía Project.

Additionally, the Forum for Innovation in Agrofuturo (FIXA) hosted 505 attendees and presented discussions on livestock and agriculture, featuring international representatives who examined global agricultural advancements and challenges.

Exhibitor Feedback on Expo Agrofuturo 2024

Several exhibitors shared positive feedback on their experience at the event. Andrés Ramírez of BJ Agriculture highlighted a 200% growth in sales compared to previous years, noting the presence of a well-targeted and informed audience. Miguel Ángel Chávez of Cimecol S.A.S. and Adriana Afanador, manager of Proplantas S.A., also commented on the event’s business-oriented atmosphere, reporting positive sales outcomes and increased interest in Colombian agribusiness.

Expo Agrofuturo’s 18th edition is scheduled to be held in Medellín from September 10 to 12, 2025, continuing its role as a hub for agricultural innovation and business development in the region.

Expo Agrofuturo’s 18th edition is scheduled to be held in Medellín from September 10 to 12, 2025 (photo: Corferias).

Expo Agrofuturo’s 18th edition is scheduled to be held in Medellín from September 10 to 12, 2025 (photo: Corferias).

Photos courtesy Corferias

Tecnoglass, Inc. (NYSE: TGLS), a manufacturer specializing in high-end architectural glass and aluminum products, has been named one of the 100 Fastest-Growing Companies by Fortune magazine, coming in at 27th on the 2024 list. Tecnoglass was the only company in the materials segment to secure a spot in the rankings, which are based on revenue growth, earnings per share (EPS) increases, and three-year annualized returns to shareholders.

The company, founded in Barranquilla, Colombia, reported revenue growth of 65% and adjusted EPS growth exceeding 200% over the three-year period ending June 30, 2024. This growth reflects Tecnoglass’ strategic focus on vertical integration and high-end product offerings aimed at both residential and commercial markets in the Americas. With a manufacturing facility covering 5.6 million square feet, the company supplies architectural glass products to a client base spanning North, Central, and South America, with the U.S. accounting for approximately 95% of its revenue.

For more information on the Fortune list, the full article is available on Fortune’s website.

Fortune’s annual list considers publicly traded U.S. companies with consistent financial reporting to the SEC. Rankings are based on performance metrics over three years, including revenue, profits, and stock returns.

Tecnoglass CEO José Manuel Daes noted that the recognition highlights the company’s competitive positioning and strategic execution across its targeted markets, with a focus on sustainable growth through operational efficiencies and a diversified product portfolio.

About Tecnoglass

Tecnoglass Inc. is a supplier of aluminum and vinyl windows and architectural glass to the multi-family, single-family, and commercial markets. The company’s products are found in high-profile properties, including One Thousand Museum and Paramount in Miami, Salesforce Tower in San Francisco, and Via 57 West in New York. In addition to its U.S. presence, the company is a significant architectural glass manufacturer in Latin America.

As part of the COP16 climate conference, Colombia’s Financial Development Agency (FDN), a Grupo Bicentenario company, has signed a memorandum of understanding with BID Invest, BBVA, DUE Capital, and Bonus Gestión de Activos to pursue financing for renewable energy projects aimed at isolated communities in the Amazon region. The agreement focuses on advancing solar generation and battery storage projects in the municipalities of Mitú, Vaupés, and Puerto Leguizamo, Putumayo.

The collaboration seeks to secure funding and seed capital for the energy projects, identify a majority investor, and designate an energy dispatch operator. The planned installations include a 7.6 MWh solar plant with 8.8 MWh battery capacity for Mitú and a larger 14 MWh solar facility with 17.3 MWh battery storage for Puerto Leguizamo. These projects are designed to provide a consistent supply of renewable energy to over 22,000 residents in Vaupés and 20,000 in Puerto Leguizamo.

The renewable energy installations are expected to replace roughly 2.1 million gallons of diesel annually.

According to FDN President Francisco Lozano, this initiative represents a significant step in addressing energy needs in underserved areas and aligns with Colombia’s objectives for a “Just Energy Transition.” Lozano noted that FDN’s expertise in structuring and financing high-impact projects will support the provision of clean and reliable energy access for rural and Indigenous communities.

The renewable energy installations are expected to replace roughly 2.1 million gallons of diesel annually, substantially reducing greenhouse gas emissions and decreasing air pollution. These efforts aim to help protect the Amazon’s fragile ecosystems and biodiversity while contributing to Colombia’s broader sustainability goals.

FDN plans to leverage its experience in Project Finance structures to meet high socio-environmental standards throughout the project life cycle. Following comprehensive due diligence, FDN may also participate as a financing entity.

Colombia’s National Development Finance Company (FDN) has as shareholders the National Government through its Bicentennial Group entity, the International Finance Corporation (IFC), the Sumitomo Mitsui Banking Corporation and the Development Bank of Latin America (CAF). It is an entity linked to the Ministry of Finance and Public Credit.For additional information on FDN’s involvement and progress on these renewable energy projects, visit FDN’s website.

Above photo (courtesy FDN): Standing from left to right: Camilo Baptiste (Partner Bonus Asset Management) and Daniel Umaña (President Due Capital and Services)
Seated: Francisco Lozano (President FDN), Marisela Alvarenga (General Director of Business IDB Invest) and Mario Pardo (President BBVA Colombia)

Collective Mining Ltd. (NYSE: CNL, TSX: CNL) has finalized a combined public and private financing, raising gross proceeds of C$46.35 million. The financing, structured as an upsized “bought deal” public offering along with a concurrent private placement, is intended to fund further exploration at the company’s Guayabales Project in Colombia and other corporate initiatives.

The public offering included 8,050,000 common shares priced at C$5.00 per share, generating C$40.25 million. The transaction was managed by a syndicate of underwriters led by BMO Capital Markets, with participation from Clarus Securities Inc. and Scotia Capital, among others, under the terms of an agreement signed on October 28, 2024. Additionally, a non-brokered private placement was completed with a strategic investor purchasing 1,226,235 shares at the same price per share, amounting to C$6.13 million. The private placement enabled the investor to maintain approximately a 9.99% ownership stake, in line with existing equity participation rights.

Collective Mining says that it intends to deploy the capital to advance exploration efforts at the Guayabales Project and to evaluate other development opportunities. The project is anchored by the Apollo system, a high-grade copper-silver-gold-tungsten resource. The funds will also be used for general corporate expenses.

The public offering was conducted in accordance with Canadian securities regulations, as outlined in the company’s Prospectus Supplement dated October 28, 2024, filed in all Canadian provinces except Quebec and Nunavut. In the United States, the shares were sold under exemptions from registration provided by Rule 506(b) of Regulation D and Section 4(a)(2) of the Securities Act of 1933 for private placements.

This financing structure remains subject to the final approval of the Toronto Stock Exchange (TSX). Certain directors and officers of Collective Mining participated in the public offering, which constitutes a “related party transaction” under Multilateral Instrument 61-101. The company is exempt from the valuation and shareholder approval requirements under the instrument, as the participation represented less than 25% of its market capitalization.

Collective Mining’s flagship Guayabales Project is situated in Caldas, Colombia, an area with established mining infrastructure. For more information, visit the Collective Mining website.

Aris Mining Corporation (TSX: ARIS, NYSE-A: ARMN) has announced the completion of a $450 million offering of 8.0% Senior Notes due 2029. The company intends to use the proceeds to redeem its outstanding 6.875% Senior Notes due 2026, with the redemption scheduled for November 20, 2024. Additional proceeds will be allocated toward working capital and general corporate purposes.

According to Aris Mining CEO Neil Woodyer, the note offering was well received by investors, allowing the company to increase the issuance size to $450 million, with a final rate of 8.00%, below the anticipated range of 8.25% to 8.50%. “This financing strategy not only covers our existing $300 million notes but also extends our debt maturity to October 31, 2029, aligning with ongoing expansions at both Segovia and Marmato,” Woodyer said.

The new financing is part of Aris Mining’s broader debt management strategy as it seeks to improve its capital structure amid favorable market conditions for emerging markets and the gold sector. Aris Mining seeks to continue its growth trajectory with major investments at its Segovia and Marmato mining projects,both in Colombia, aimed at bolstering production capacity.

Californian Thomas Michael Renno has been sentenced to 30 years, 6 months in a Colombian prison for sexually abusing at least five Colombian youths in Medellín, Colombia. According to the Colombian attorney general’s office, the 72-year-old man from San Francisco, California held conversations via the Internet and offered various sums of money to the underage girls to allow him to arrange sexual encounters with them. This person identified himself with different profiles, including Tom Renno, Tom Rene and Tom Reinolds; however, law enforcement established that his real identity was Thomas Michael Renno.

During the course of the proceedings, prosecutors demonstratied that the American, between May 2017 and May 2018, entered the country on seven occasions, through the José María Córdova airport, in Rionegro, a suburb of Medellín. It also became evident that during his trips he stayed in Medellín, located the girls and adolescents he had previously contacted; and, in exchange for money, induced them to perform sexual acts.

US and Colombian authorities working together

On September 5, 2018, the Medellín Section of the Attorney General’s Office received reports from the United States government that a computer in the capital of Antioquia was used to solicit sexual services from children and adolescents.

The information referred to conversations on Facebook and Messenger chat platforms, in which Renno offered up to $100 for girls under 18 years of age.

The man involved in the conversations was identified as Thomas Michael Renno who, according to the evidence collected, sought to evade action by the authorities with three different profiles (Tom Renno, Tom Rene and Tom Reinolds) that he also used to share photographs, videos and other types of pornographic material.

The process revealed that the Californian entered the country on seven occasions between May 9, 2017 and May 26, 2018. During this period, he allegedly committed illegal activities with girls and adolescents.

Capture

Renno, an American national carrying a cédula (national identification) issued by Colombian authorities, arrived last Thursday at the José María Córdova International Airport in Rionegro (Antioquia), from San Francisco,California.

The U.S. Embassy in Colombia warned Colombian counterparts that the man might visit Medellín between March 26 and 28, so investigators from the National Police’s DIJIN investigative branch waited for him at the airport and executed the arrest warrant obtained by the Prosecutor’s Office.

The timely intervention and coordination between Colombian and U.S. authorities prevented the physical and psychological harm to more minors, given that there is evidence of Renno’s prior contacts with hotels and tour operators that allegedly provided him with underage victims and offered him lodging.

The data provided was verified with the testimony of the mother of one of the young women contacted, who stated that the telephone number and location data of the American citizen appeared on her daughter’s cell phone. Added to this evidence were emails, messages and photographs found on the captured man’s phone.

Crimes

Thomas Michael Renno was brought before a judge in Medellín, where his capture was legalized, as were the elements obtained, and he was charged with the following crimes:

• Demand for commercial exploitation with a person under 18 years of age, aggravated (for being a tourist and involving minors).
• Pornography with persons under 18 years of age in homogeneous and successive concurrence.
• Use or facilitation of social media to offer sexual activities, aggravated in homogeneous and successive concurrence.

The man involved in the conversations was identified as Thomas Michael Renno who, according to the evidence collected, sought to evade action by the authorities with three different profiles (Tom Renno, Tom Rene and Tom Reinolds) that he also used to share photographs, videos and other types of pornographic material.

The man involved in the conversations was identified as Thomas Michael Renno who, according to the evidence collected, sought to evade action by the authorities with three different profiles (Tom Renno, Tom Rene and Tom Reinolds) that he also used to share photographs, videos and other types of pornographic material.

The Colombian Congress is evaluating a new bill that seeks to regulate ride-hailing platforms, including companies like Uber, DiDi, and InDrive, marking a significant step towards formalizing the operational framework for these services. Introduced by legislators, the bill aims to set regulatory standards for ride-hailing platforms, aligning them more closely with the country’s transportation policies and existing regulatory structures.

The proposed legislation would require ride-hailing platforms to register as transportation companies, imposing standards around licensing, insurance, taxation, and labor relations. Proponents argue that the bill addresses longstanding concerns within the traditional taxi sector regarding market competition and safety regulations. However, the move has sparked debate over the potential impact on the flexibility and accessibility that these platforms offer consumers and drivers.

Regulatory Standards and Compliance Requirements

Under the proposed bill, ride-hailing platforms would be obligated to adhere to several compliance measures currently applied to traditional taxi services. Key provisions include mandatory insurance for passengers, licensing for drivers, and vehicle inspections. The bill also proposes a taxation framework, which would require ride-hailing platforms to pay fees comparable to those imposed on traditional taxi companies.

Ride hailing platforms remain popular in Colombia, in part due to the dismal reputation of taxi operators in the capital city of Bogotá.

In a statement, the authors of the bill argued that the proposed regulations are necessary to create a “level playing field” between traditional taxis and ride-hailing services, addressing what they view as an imbalance in regulatory obligations. According to the legislative proposal, these changes are intended to promote fair competition while enhancing passenger safety and accountability.

Impact on Drivers and Labor Standards

The legislation also aims to introduce specific labor standards for drivers working on ride-hailing platforms, potentially affecting how these companies classify their workforce. Current regulations do not mandate formal labor protections for drivers, a point that has been raised in recent debates over the gig economy. If passed, the bill would compel ride-hailing platforms to provide social security and other benefits to drivers, a shift that could impact the platforms’ business models and operational costs.

Representatives from ride-hailing companies have expressed concerns about the proposed labor requirements, arguing that they could limit driver flexibility and reduce earnings. However, labor advocates and some members of Congress maintain that formalizing employment conditions for drivers is necessary to ensure fair treatment and economic security.

Reactions from Industry Stakeholders

The bill has garnered mixed reactions from industry stakeholders. While representatives from Colombia’s traditional taxi sector have welcomed the proposed regulations, citing long-standing concerns over competition and regulatory parity, ride-hailing companies warn that the legislation could hinder service availability and affordability.

Uber, DiDi, and Cabify have each issued statements advocating for a regulatory approach that respects the unique business models of digital platforms. They argue that excessive regulation could reduce consumer choice and increase costs for passengers, potentially undermining the benefits that ride-hailing services bring to urban transportation networks.

The bill’s authors acknowledge these concerns but argue that the regulations are essential for establishing an equitable transportation landscape. They maintain that formal regulation of ride-hailing services will enhance transparency and protect passenger safety.

Legislative Outlook

As the bill moves through Congress, its potential impact on the Colombian transportation sector remains a focal point of discussion. Some lawmakers have suggested amending certain provisions to ease the compliance burden on ride-hailing companies, while others advocate for strict adherence to the proposed standards. The bill’s progress will likely depend on negotiations that balance the interests of traditional taxi operators, ride-hailing platforms, and consumers.

If passed, this legislation would mark a pivotal change for Colombia’s ride-hailing sector, setting a new precedent in Latin America for regulating digital platforms. For now, all eyes remain on Congress as lawmakers weigh the future of ride-hailing services within Colombia’s regulatory landscape.

See also: Nationwide Taxi Driver Protest Against Uber Clogs Roads Across Colombia

Colombian oil giant Ecopetrol (NYSE: EC) has suspended plans to drill its mammoth Komodo-1 well, citing uncertainty over the environmental licensing process. due to Colombian President Gustavo Petro’s stance against petroleum exploitation. With the Colombian government as Ecopetrol’s majority shareholder, Gustavo Petro appointed his campaign manager Ricardo Roa as Ecopetrol’s CEO in order to implement his policies at the energy company. Despite dwindling reserves, Ecopetrol announced the decision, underscoring that a lack of clarity from regulatory authorities has made it challenging to proceed with the well’s development.

The Komodo-1 well, located offshore near San Antero in Córdoba, was projected to contribute to Ecopetrol’s exploration portfolio. However, Ecopetrol’s decision reflects ongoing concerns within the energy sector regarding Colombia’s regulatory framework for environmental licensing. According to the company, delays and ambiguities in obtaining the necessary permit from the National Environmental Licensing Authority (ANLA) have significantly impacted project timelines and created uncertainty regarding future offshore drilling operations.

Regulatory Delays and Licensing Challenges

In its statement, Ecopetrol pointed out that ANLA has not issued a definitive decision regarding Komodo-1’s environmental license, a requirement for any drilling activity to proceed. These delays have become a recurrent issue for oil and gas projects across Colombia, with regulatory agencies facing scrutiny for protracted licensing processes and policy shifts affecting energy sector operations.

The suspension of Komodo-1 follows a series of recent regulatory adjustments and policy shifts by the Colombian government that have focused on transitioning toward cleaner energy sources. While the government has promoted renewable energy investments, industry stakeholders have voiced concerns over inconsistent licensing procedures and the potential impact on Colombia’s ability to meet its energy needs.

Industry Implications and Energy Sector Concerns

Ecopetrol’s decision to halt drilling at Komodo-1 adds to mounting challenges faced by Colombia’s hydrocarbon sector as it navigates environmental regulations and shifting government priorities. The company indicated that these uncertainties could influence its future investment strategies in offshore exploration, an area where Ecopetrol has been expanding its portfolio over recent years.

The Komodo-1 well was among several exploration projects aimed at maintaining Colombia’s oil reserves, which are critical for the country’s export revenues and energy self-sufficiency. Ecopetrol has previously highlighted that such projects are necessary to ensure a stable energy supply and maintain production levels. Industry analysts have noted that a continued delay in regulatory approvals for exploration activities could deter new investments and affect Colombia’s long-term energy outlook.

Ecopetrol has not specified whether it plans to resume the Komodo-1 project should the licensing situation be resolved. However, the company’s statement indicates an increasing reliance on government agencies to streamline regulatory processes if Colombia is to balance its hydrocarbon production goals with environmental oversight.

Calls for Clearer Regulatory Guidance

The decision by Ecopetrol adds to broader calls from the industry for clear, consistent guidance on environmental licensing from the government. Delays and uncertainty around project approvals have intensified debates over Colombia’s regulatory framework for energy projects, particularly in oil and gas, as companies face challenges meeting both operational goals and environmental compliance standards.

With Ecopetrol now joining other industry voices in expressing concerns about regulatory bottlenecks, energy sector representatives are urging the government to address the existing gaps and provide greater predictability in licensing processes. Whether regulatory adjustments are forthcoming remains uncertain, but industry stakeholders are pressing for prompt reforms to support future energy investments.

As of now, Ecopetrol has confirmed that it will continue monitoring developments in the regulatory landscape and evaluate the viability of its offshore exploration projects in light of future licensing decisions by ANLA.

Above photo: Colombian President Gustavo Petro (l) with campaign manager & now Ecopetrol CEO Ricardo Roa (photo: ANH)

Colombia’s Ministry of Mines and Energy has announced a gas rationing measure to be implemented from Today, October 31 to November 4, 2024. The measure is intended to manage Colombia’s energy needs amidst supply constraints attributed to limited domestic hydrocarbon exploration. The administration of President Gustavo Petro’s recent decision to suspend new hydrocarbon exploration contracts has reduced internal gas supplies, sparking energy sector concerns.

The rationing will primarily affect Colombia’s Caribbean region, encompassing departments such as Bolívar, Magdalena, La Guajira, Cesar, Córdoba, Sucre, San Andrés, and Atlántico. This recently planned restriction will mostly impact industrial sectors, with thermal power plants in the Caribbean facing significant reductions in gas availability. Residential and small commercial consumers are expected to remain unaffected in the short term, according to the Ministry of Mines and Energy.

The planned maintenance of the Spec LNG regasification plant in Cartagena—a critical facility for liquefied natural gas (LNG) processing—directly influences the gas rationing decision. Maintenance is typically conducted annually and is mandated under Decree 1073 of 2015. However, this year’s maintenance is notable due to the decreased gas reserves and high demand.

Gas Supply Shortfall and Import Strategy

The Colombian Natural Gas Association (Naturgas), represented by its president Luz Stella Murgas, has emphasized the urgency of sourcing gas imports from neighboring countries to counter declining internal reserves. According to Murgas, increasing gas imports is the only viable option to avoid mid- to long-term shortages. Colombia’s domestic reserves have seen accelerated depletion, raising alarms within the industry and highlighting a critical need for regulatory adjustments.

Colombia’s reliance on hydroelectric power sources—which account for approximately 70% of national electricity—compounds the situation. Reservoir levels dropped significantly due to the El Niño phenomenon, which concluded in April 2024. Although reservoirs have since begun recovering, their current levels remain below optimal. As of October 20, Ecopetrol reported reservoir levels at 53.64% capacity, a figure that remains insufficient as the country anticipates a dry season with lower-than-average rainfall beginning in December.

The increased reliance on thermal power plants to compensate for lower hydroelectric output has put additional strain on natural gas supplies. The Ministry of Mines and Energy indicated that imported gas volumes have been insufficient to meet this demand surge, leading to the current shortage. In response, the ministry has proposed regulatory “enablers” to facilitate gas imports, a policy adjustment aimed at stabilizing market conditions, according to Minister Andrés Camacho.

Rationing Details and Implications for the Industrial Sector

The rationing strategy includes staged reductions in gas supply to major industrial consumers over the four-day period, with planned volumes of:

  • October 31 – November 1: 84.6 million cubic feet
  • November 2: 75.7 million cubic feet
  • November 3: 60.3 million cubic feet
  • November 4: 72.4 million cubic feet

These allocations are part of a broader inventory management approach aimed at maintaining energy system balance. However, experts have raised concerns that these volumes may fall short of meeting the region’s rising industrial demand, especially in the Caribbean.

Broader Energy Policy and Economic Impact

The rationing decision highlights the complex intersection of Colombia’s energy policies, supply dynamics, and environmental factors. The Caribbean region’s high concentration of energy-intensive industries is expected to feel the brunt of the rationing’s indirect effects on electricity stability. While this measure remains temporary, the government’s exploration moratorium and current reserve limitations suggest a challenging outlook for Colombia’s energy sector.

The Ministry of Mines and Energy’s gas rationing strategy illustrates the critical need for policy adaptations to mitigate shortfalls and ensure energy security in the face of fluctuating internal resources and environmental variables. As the situation evolves, the government will face mounting pressure from industrial stakeholders and the public to develop more resilient energy policies.

Colombian domestic and international air travel since 2019 (courtesy IATA)

Colombian domestic and international air travel since 2019 (courtesy IATA)

Colombia’s air passenger traffic reached nearly 37 million from January to August 2024, according to Colombia’s Civil Aeronautics Authority. Domestic passenger volume saw a 15.6% increase compared to the same period in 2023, with 21.7 million passengers, representing a 27.9% increase over pre-pandemic 2019 levels. International travel also rose, with 15.2 million passengers, up 21.8% year-on-year.

Total seats offered rose 22.4%, with frequency increasing by 17.5%. Routes showed modest variation, with slight domestic increases offset by a 0.3% decrease in international routes.

Paula Bernal, Country Manager for IATA Colombia, attributed the sector’s growth to expanded seating capacity and reinforced traveler trust, reflecting higher demand and efforts to boost connectivity across Colombia.