What Lima Airport Partners SRL does

Lima Airport Partners SRL (LAP) is a privately held Peruvian concessionaire company that has operated the Aeropuerto Internacional Jorge Chávez under a long-term concession from the Peruvian State since February 14, 2001. The company is majority-owned by Frankfurt-listed airport operator Fraport AG (80.01%), with the International Finance Corporation (IFC, a World Bank Group member) holding 19.99%. LAP's regulated monopoly position is supervised by OSITRAN, and the concession covers operations, maintenance, and capital expansion of Peru's primary international gateway. Under the concession, LAP is responsible for terminal operations, airfield infrastructure, commercial concessions, and is developing the 1.1 million m² "Nueva Ciudad Aeropuerto" mixed-use platform adjacent to the airfield.

LAP's core product is the new Jorge Chávez terminal, operational since June 1, 2025, which tripled capacity to 40 million passengers per year and features two runways, 46 boarding lounges, 44 jet bridges, and 123 check-in counters. Supporting products and services include cargo warehousing (267,153 metric tons handled in 2025, with a dedicated 6,885 m² South Cargo Zone awarded to COSCO SHIPPING and Anjun Logistics), 30+ retail and F&B concessions, parking (operated by Inversiones Urbanísticas), ground transport (taxis, Airport Express Lima bus, car rental counters), accessibility services, lost-and-found, and emerging real estate offerings through the Ciudad Aeropuerto development. Technology deployment includes AI-optimized HVAC, 100% renewable electricity with I-REC certification, 26 electric GPU units, and the IRBin computer-vision recycling robot.

LAP generates revenue through regulated aeronautical fees (TUUA and TUUA de Transferencia), commercial concession royalties (marketplace commissions from retailers and F&B), managed cargo services, parking and ground transport transaction fees, and long-cycle real estate licensing (e.g., the KORICANCHA office building concession). In 2025, the airport served 25.5 million passengers across 23 airlines connecting 68 domestic and international destinations, achieved 6th place globally in Cirium's On-Time Performance Review, and contributed to a cumulative US$3,809 million in payments to the Peruvian State since the concession began. Approximately 30,000 direct jobs are sustained by the airport ecosystem, with over 150 companies operating on-site.

Name

Lima Airport Partners SRL

Legal name

Lima Airport Partners S.R.L.

Website

https://lima-airport.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Lima Airport Partners SRL is the private Peruvian concessionaire (80.01% Fraport AG, 19.99% IFC) operating Aeropuerto Internacional Jorge Chávez under a long-term concession since 2001. It serves 23 airlines, 25.5M passengers annually, and 90% of Peru's air cargo through a 40M-capacity terminal and mixed-use Ciudad Aeropuerto development.

Ownership category

akta.pro rank

Product category

Airport Operations and Infrastructure

NAICS

Airport Operations (48811)

SIC

Airports, Flying Fields & Airport Terminal Services (4581)

akta.pro primary industry

Private Aviation Terminals & FBO Services (THABAFAH)

Keywords

• Airport operations
• Airport concession
• Aviation infrastructure
• Air cargo handling
• Commercial concessions

Headquarters

HQ city

Bellavista

HQ country

Peru

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Aeronautical Fees (TUUA): Tarifa Unificada de Uso de Aeropuerto (TUUA) charged to passengers using the airport. The TUUA de Transferencia applies to connecting passengers. Adenda N°9 eliminated TUUA for domestic connection passengers. These fees are regulated under the concession contract with the Peruvian State.
2. Cargo Operations: Cargo warehouse and handling services. Approximately 90% of Peru's national air cargo volume passes through Jorge Chávez airport. Cargo operations generated 267,153 metric tons in 2025, a 16.7% YoY increase. Operations awarded to partners including COSCO SHIPPING and Anjun Logistics for the South Cargo Zone (6,885 m² warehouse).
3. Commercial Concessions: Retail, F&B, and service concessions within the terminal. The airport hosts over 30 restaurants and shops including international and Peruvian brands across zones: Marketplace Internacional, Marketplace Nacional, Perú Plaza, Zona Check-In, Zona Internacional, Zona Llegadas, Zona Pública, and Dique Swing. Concessionaires include brands such as Starbucks, McDonald's, KFC, Burger Boy, La Reyes, and others.
4. Real Estate Development (Ciudad Aeropuerto): Development of the Nueva Ciudad Aeropuerto concept — a 1,100,000 m² commercial exchange platform. First office building awarded to KORICANCHA (US$21 million investment) with 14,000 m² of leasable space. Additional real estate developments include the private aviation terminal FBO, commercial spaces, and convention center.
5. Parking Services: Short-stay and long-stay parking operated by Inversiones Urbanísticas Operadora S.A. under LAP oversight. Parking conditions and rules approved by OSITRAN.
6. Ground Transport Services: Authorized taxi services (regular and VIP/remisse), Airport Express Lima bus service connecting the airport with Miraflores, public AeroDirecto bus service, and car rental counters from brands including Avis, Hertz, Budget, Enterprise, National, Dollar, Thrifty, SIXT, Alamo.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Lima Airport Partners SRL operates the Aeropuerto Internacional Jorge Chávez under a long-term concession with the Peruvian State. The company runs the passenger terminal, dual runways, airside and landside infrastructure, and commercial zones (retail, F&B, services). It also develops the Nueva Ciudad Aeropuerto real estate platform, manages cargo warehouses (South Cargo Zone), and offers parking, ground transport, and accessibility services. Revenue is generated through regulated aeronautical fees (TUUA), tenant concessions, cargo operations, and real estate leasing.

Product overview

Lima Airport Partners SRL operates the Aeropuerto Internacional Jorge Chavez as a comprehensive airport platform combining core aviation infrastructure with commercial, logistics, and passenger services. The core product is the Jorge Chavez International Airport terminal and its operational infrastructure, complemented by the Nueva Ciudad Aeropuerto real estate development initiative. Passenger-facing services include accessibility assistance, lost and found, ground transportation (taxis, buses, car rental), and parking. The company is expanding with cargo logistics operations (South Cargo Zone with FlyConnect), an upcoming private aviation FBO terminal, and technology innovations like the IRBin AI recycling robot. The airport operates 23 airlines connecting to 68 destinations, handled 25 million passengers in 2025, and serves as Peru's primary air connectivity hub with two operational runways.

Differentiator

Problem solved

Functional benefit

Products and services

• Aeropuerto Internacional Jorge Chávez Terminal Operations Core passenger terminal and airside infrastructure with capacity for 40 million passengers annually, two operational runways, 46 boarding lounges, 44 jet bridges, and 123 check-in counters. Serves as Peru's primary hub for domestic and international air travel, accommodating 25.5 million passengers in 2025.
• Nueva Ciudad Aeropuerto Real Estate Development Mixed-use airport city development spanning 1,100,000 m², integrating logistics, commercial, corporate, and passenger functions. Includes office buildings, retail and F&B spaces, FBO private aviation terminal, and convention center. Targets multinational corporations, airlines, logistics operators, and trade-related entities.
• South Cargo Zone (Cargo Operations) Air cargo warehousing and logistics facilities in the south cargo zone (6,885 m²) with direct airside access. Operated by COSCO SHIPPING and Anjun Logistics, featuring automated sorting technology for e-commerce processing. Handles approximately 90% of Peru's national air cargo volume.
• Accessibility and Special Assistance Services Comprehensive accessibility and preferential assistance services including Braille signage, tactile pathways, electric approach carts, family bathrooms, preferential flows, ramps and elevators, sign language assistance, wheelchair loans, and free Sunflower lanyard distribution for non-visible conditions.
• Commercial Concessions (Retail and F&B) Retail, F&B, and service concessions within the terminal. The airport hosts over 30 restaurants and shops including international and Peruvian brands such as Starbucks, McDonald's, KFC, Burger Boy, La Reyes, La Lucha, TGI Fridays, Kuna, and others.
• Parking Services Short-stay and long-stay parking operated by Inversiones Urbanísticas Operadora S.A. under LAP oversight, with 15-minute tolerance for vehicle exit after payment. Parking conditions approved by OSITRAN.
• Ground Transportation Services Integrated ground transportation including authorized taxis (Taxi Green, Taxi Directo, Taxi 365, CMV Taxi VIP), VIP remisse services, Airport Express Lima bus service to Miraflores (20 soles regular, 15 soles for 2+ passengers), public AeroDirecto bus, and car rental counters (Avis, Hertz, Budget, Enterprise, SIXT, Alamo).
• IRBin AI Recycling Robot AI-powered recycling robot developed by Peruvian startup Cirsys that operates 24/7, stores up to 400 plastic bottles, uses computer vision for bottle identification, and promotes circular economy in high-traffic terminal zones.
• Private Aviation FBO Terminal

Quantifiable outcome

• Passenger traffic: 25.5 million in 2025 (4.1% YoY growth), international traffic exceeded 10.27 million (+5%), domestic reached 15.22 million (+3.4%)
• +6 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered major, emerging, supporting and core.

• Inmobiliaria Koricancha S.A (KORICANCHA)majorStrategic or Co-development Partner · 2 July 2026Awarded the first office building of Nueva Ciudad Aeropuerto with a 100% private investment of approximately US$21 million. Building spans 17,353 m² with 14,000 m² leasable (corporate offices, coworking, commercial). Target tenants include multinationals, airlines, logistics operators, and trade-related entities. Construction on 2,455 m² land with EDGE certification for sustainability. Start of commercial operations expected early 2028. Shareholders: Grupo Sandoval (66%) and AC Capitales (34%).
• International FBO Operator (to be selected)emergingStrategic or Co-development Partner · 10 March 2026LAP launched an international tender for the development of an FBO (Fixed Base Operator) terminal for private and executive aviation at the former Jorge Chávez airport (Av. Faucett). Project estimated at US$10 million, approximately 2,000 m², to serve executive flights and corporate aircraft under international service and safety standards. LAP is seeking experienced specialized operators for design, implementation, and operation.
• COSCO SHIPPING Lines / COSCO SHIPPINGmajorStrategic or Co-development Partner · 9 February 2026COSCO SHIPPING, the world's largest integrated shipping company by fleet capacity, headquartered in Shanghai, was awarded operation of the South Cargo Zone warehouse (6,885 m²) at Jorge Chávez airport. Investment of approximately US$20 million over the contract period. This is COSCO's first key air logistics infrastructure outside China, enabling an intermodal sea-air corridor connecting Chancay Port with the airport for e-commerce and trade flows between Asia and South America.
• Anjun LogisticsmajorStrategic or Co-development Partner · 9 February 2026Shenzhen-based logistics company specializing in cross-border e-commerce solutions for China-Latin America trade. Currently operates the largest customs-controlled warehouse at Guarulhos International Airport (Brazil) with capacity exceeding 200,000 packages daily. Brings automated sorting technology (sorter) to Jorge Chávez for faster cargo distribution. Partnered with COSCO SHIPPING for the South Cargo Zone warehouse (6,885 m²).
• Independent Third-Party (Integrity Line Administrator)supportingOthers · 1 January 2025LAP maintains an integrity channel (Administrado por un tercero independiente) for reporting non-ethical acts involving LAP collaborators and other companies. The channel protects the identity of reporters and is available at fraport.integrityline.app. The channel is administered by an independent third party as part of LAP's compliance system under Peruvian Law #30424.
• Inversiones Urbanísticas Operadora S.AsupportingChannel Partner/ Reseller/ Distributor · 1 February 2024Operating company for the Jorge Chávez airport parking lots (short-stay and long-stay), managing approximately 2,200 vehicles. Contact: (511) 517-3234. Parking conditions and rules approved by OSITRAN Resolution N° 0004-2023-CD-OSITRAN. Platform available at apparka.pe.
• Airport Express LimasupportingChannel Partner/ Reseller/ Distributor · 1 January 2024Official bus service of Aeropuerto Internacional Jorge Chávez, operating a direct route between the terminal and Miraflores (Larcomar/Marriott, Tourist Information Center Av. Larco, Parque Kennedy, Hotel Boulevard). Fare: 20 soles regular, 15 soles for 2+ passengers. Bookable online. This is the designated official airport bus service.
• OSITRAN (Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público)coreOthers · 14 February 2001OSITRAN is the Peruvian regulatory body supervising infrastructure concessions of public use. It regulates, norms, supervises, and fiscalizes LAP's behavior as the airport concessionaire, ensuring compliance with the concession contract and protecting the interests of the State, investors, and users. LAP publishes OSITRAN information and regulations on its website for passenger awareness.

Scale indicators17 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Grupo ADP (Aéroports de Paris): Groupe ADP operates Paris-Charles de Gaulle, Paris-Orly, and a global portfolio of airports. Comparable as a large, diversified regulated airport operator with strong commercial revenue focus and international hub traffic — broader in scope but analogous in business model.
• Fraport AG: Fraport AG is LAP's 80.01% controlling shareholder and operates 31 airports globally including Frankfurt. As both parent and a broader portfolio operator, Fraport provides the operating playbook, capital, and global best practices that underpin LAP's operations — making it both an enabler and a relevant scale peer.
• Changi Airport Group (Singapore): Changi Airport Group operates Singapore Changi, a global mega-hub renowned for premium passenger experience, non-aeronautical revenue leadership, and sustainability. Comparable in hub positioning, service quality leadership, and heavy investment in commercial and real estate monetization on airport land.

Direct peers

• Aena S.M.E. S.A. Aena operates the world's largest airport network by passengers, managing 46+ airports and heliports in Spain and internationally under regulated concession frameworks. It is highly comparable to LAP in business model (regulated aeronautical fees plus diversified commercial revenue), governance structure, and focus on hub development and non-aeronautical monetization.
• Tocumen S.A. (Panama): Tocumen S.A. operates Tocumen International Airport, the leading hub in Central America and a direct regional competitor to Lima for connecting traffic between the Americas, Europe, and beyond. Highly comparable in hub role, international/connection traffic mix, and LATAM gateway positioning.
• Grupo Aeroportuario del Sureste (ASUR): ASUR operates nine Mexican airports including Cancún and Mérida, with a similar regulated aeronautical fee structure plus commercial concessions. Comparable as a publicly traded LATAM airport operator focused on international tourism and hub traffic.
• Flughafen Zürich AG: Flughafen Zürich AG operates Zurich Airport, a major European hub with a strong focus on commercial revenue per passenger and real estate monetization. Comparable in non-aeronautical revenue focus, premium service quality, and operational excellence benchmarking.
• Corporación América Airports: Corporación América Airports operates 53 airports across Latin America (Brazil, Argentina, Uruguay, Ecuador, Armenia, Italy) under concession contracts. Closely comparable in geographic focus (LATAM), business model (concession-based airport operations), and exposure to hub traffic growth.
• Aeropuertos Argentina 2000: Aeropuertos Argentina 2000 operates 33 Argentine airports under a long-term concession contract, including Ezeiza and Aeroparque in Buenos Aires. Highly comparable as a regional Latin American airport concession operator with similar regulatory dynamics and traffic profile.
• Grupo Aeroportuario del Pacífico (GAP): GAP operates 13 Mexican airports under concession-style contracts, including Tijuana and Guadalajara, with a similar mix of regulated aeronautical revenue and commercial concessions. Comparable in regulated airport operator model, traffic mix, and Latin American market exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aeropuertojorgechavez

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lima Airport Partners SRL