Tocumen security boost comes as income soars

SECURITY measures at  Tocumen International Airport  have been stepped up following  the terrorist attacks in Paris, that  killed 150 people  and left hundreds injured. 
There is  intensified baggage screening to detect hazardous materials among flight passengers, and police with dogs are patrolling the terminal, said Joseph Fidanque III, manager of Tocumen SA,
He said he has declined to issue permits to contractors who are working at the airport, as well as individuals who provide security services to diplomats.
He made the announcement on Thursday, November 19 during a presentation of the economic performance of the airport during the last year and projections for the balance of 2015.
This year the corporation, 100%  State owned expects revenues of $178 million, up $53 million last year. At the same time , the airport has reduced costs by 28% during the current fiscal year.
Tocumen is expected during the first quarter of 2016 to make a $625 million bond issue with the  funds to be used to cancel the debt with Brazil’s Norberto Odebrecht,  building Tocumen terminal 2 at a cost of $800 million