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Odinsa Aeropuertos Focuses on Capital Expansion in Bogota and Quito
Justin Lee
February 26, 2025
© EFE / Wikipedia
Odinsa is currently expanding El Dorado International Airport in Bogota and Mariscal Sucre International Airport in Quito. It is also a key player in the development of a new airport project in Cartagena.
In November 2024, Odinsa reported operating income for the quarter ended September 2024 of COP196.2mn, with a variation of 15.83%. The company also reported a consolidated net profit of COP113.9mn and an EBITDA of COP133.6mn, with a percentage variation of -64.33% and -64.30% compared to the same period in 2023.
However, Odinsa also explained that the financial results are not comparable with the same period in 2023, due to the signing of two alliances with Macquarie Asset Management and the launch of two investment platforms in road and airport infrastructure.
Odinsa also reported that its two airport concessions saw a year-on-year increase in passenger traffic by 16%, going from 33.1 million people in the third quarter of 2023 to 38.3 million in the third quarter of 2024.
© Felipe Restrepo Acosta / Wikipedia
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