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The potential penalty for each airline could exceed $570,000 USD.

Avianca, Éxito Viajes, and others could face up to $110,000 in fines for failing to properly communicate fares to consumers and operate in according to regulations.

January and June have been the highest-trafficked periods so far in 2016, with more than three million fliers in each month.

Flight traffic is up almost across the board at Colombia's 10 largest airports compared to 2015, and there has been a huge spike among travelers heading to the Caribbean.

Paula Cortés Calle, the president of the Colombian Association of Tourism and Travel Agents (ANATO), announced last week new flights on Colombian air carrier Satena, flying from Bogotá to Armenia, Quindio starting May 25, with travel agencies already selling tour packages that...