From Recovery to Growth: HAS Development Corporation’s Airport Portfolio Expands Capacity and Connectivity

Justin Lee

Singapore

March 27, 2026

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© Bernal Saborio / Wikipedia

Over the past 12 months, HAS Development Corporation’s airport portfolio—spanning key assets in Latin America, including stakes in Ecuador and Costa Rica—has demonstrated steady recovery, capacity expansion, and operational resilience. Performance has been underpinned by improving passenger demand, cargo growth, and ongoing infrastructure investment across its associated airport platforms.

At Quito’s Mariscal Sucre International Airport, operated by Corporación Quiport, 2025 marked a year of measurable growth and consolidation. Passenger traffic reached 5.4 million, a modest increase from 5.3 million in 2024, despite a slower start to the year due to election-related uncertainty. Growth accelerated from May 2025 onward, reflecting recovering travel demand and improved connectivity. The airport maintained a strong network footprint, with 12 commercial airlines serving eight domestic and 14 international destinations.

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© Banco de imagenes TURIDEE / Wikipedia

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