Aerospace sector

The strategic position Colombia has in Latin America along with the increasing interest of companies in the aerospace sector in the country makes the country an ideal spot for MRO development.


  • By 2036 Latin America will need 2,677 new passenger and freighter aircrafts to meet rising demand and to replace the existing fleet. This implies a higher demand of aircraft maintenance and reparation services.
  • In the next 20 years, air traffic in Latin America will grow 4.4% on average, higher than regions like North America (2.4%) and Europe (3.4%)
  • Nowadays there are six regional megacities: Bogota, Buenos Aires, Lima, Mexico City, Santiago and Sao Paulo. By 2036 Cancun, Panama City and Rio de Janeiro will join this group. These cities will account daily for 150,000 long-haul passengers.
  • Airbus expects that the MRO business will double from USD 60 billion to USD 120 billion per year by 2036.
  • Demand for MRO services in Latin America will reach USD 139 billion over the next 20 years; 8% of total global demand.
  • The region will demand 10% of new technicians and 9% of new pilots entering the industry worldwide.
  • In 2017, a total of 1.02 million tons of cargo was transported in Colombia by air, 2% more over 2016.
  • Colombia has 16 international airports located in the main cities of the country.
  • More than 60 training centers for the aerospace industry.
  • Some initiatives, like CIAS, ACOPAER and CAESCOL have been created for the development of the sector.


  • Establishment of MRO service companies to serve the growing regional passenger and cargo transport market. Aircraft fleet in Latin America and Colombia is expected to grow in the next years. This implies a higher demand of aircraft maintenance and reparation services.
  • Colombia has a strategic position in Latin America. This position has allowed Colombia to position itself as an important hub for the transport of passengers and cargo. El Dorado is the main cargo and passenger transport airport in Latin America.
  • Colombia offers possibilities in technology transfer from international companies to local companies with experience in production of aircraft parts. Colombia has more than 100 aircraft maintenance workshops and an increasing workforce able to support the needs of aerospace companies.

Learn about the principal regions that offer investment opportunities in the Aerospace sector:

  • Risaralda
  • Antioquia

Success Stories

Viva Air

The leading group of low-cost airlines in Latin America, announces the launch of Viva Air Labs, the first and only innovation laboratory in the aviation and tourism sector in Latin America.


These are just some of the reasons to invest in the Aerospace sector, we invite you to learn in more detail these and more reasons why to choose Colombia as the destination for your projects.

Investment Specialist: Manuel Salgado - This email address is being protected from spambots. You need JavaScript enabled to view it.

At PROCOLOMBIA we cater to international companies, large enterprises and foreign government agencies interested in investment in Colombia.

Due to the nature of our activities, we do not attend to individual or personal investment requirements.

We suggest you review our Frequently Asked Questions on Investment in Colombia before you send us your inquiries.

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