Lima, Peru – The future of the former Jorge Chávez International Airport in Lima is set for a significant transformation, with plans underway to convert the site into a multi-leverage complex featuring commercial spaces and a dedicated terminal for private flights. The move, spearheaded by Lima Airport Partners (LAP), aims to capitalize on the recently opened new international airport and create a dynamic hub for business and aviation, marking a new chapter for the long-standing aviation landmark.
For decades, the original Jorge Chávez Airport served as the primary gateway to Peru, handling the vast majority of the nation’s air traffic. However, with the completion and opening of the new, state-of-the-art airport in early 2026, the older facility was decommissioned. LAP, the concessionaire responsible for the operation and development of both airports, has been evaluating options for the former site, ultimately settling on a plan that blends commercial enterprise with specialized aviation services. This development comes as Peru continues to experience growth in both domestic and international travel, with the country registering 25.5 million passengers in 2025, a 4.1% increase, according to recent reports from the airport.
From Passenger Hub to Business Center
The planned redevelopment represents a substantial investment, estimated at US$10 million, according to LAP. The company intends to create a new business center, offering a range of commercial opportunities alongside facilities tailored for private aviation. Paola Loayza, a representative of LAP, stated that the details of the project and associated negotiations are expected to be unveiled in March 2026. As reported by La República, the project will include a variety of commercial and logistical alternatives.
The shift reflects a broader trend in airport development globally, where older facilities are being repurposed to meet evolving urban needs. Rather than allowing the space to fall into disuse, LAP’s plan aims to integrate the former airport into the surrounding economic landscape, creating jobs and stimulating local commerce. The move also addresses the growing demand for private aviation services, catering to both business travelers and leisure seekers who prioritize convenience and exclusivity.
A Boost for Peru’s Logistics Network
The redevelopment of the former Jorge Chávez Airport is also strategically aligned with Peru’s ambitions to strengthen its logistics capabilities. On March 3, 2026, Lima Airport Partners announced the awarding of operations for first-line cargo warehouses at the International Jorge Chávez Airport to COSCO SHIPPING and Anjun Logistics. According to the Lima Airport website, this is a key step in consolidating the first integrated “sea-land-air” corridor, connecting the Port of Chancay with the airport. This integration is expected to streamline cargo handling, reduce transit times, and enhance Peru’s position as a regional logistics hub.
The Port of Chancay, a major deep-water port north of Lima, is undergoing significant expansion, backed by Chinese investment. The creation of a seamless connection between the port and the airport will facilitate the efficient movement of goods, supporting Peru’s export-oriented economy. The former airport site, with its existing infrastructure and proximity to key transportation routes, is ideally positioned to play a crucial role in this logistics network.
Private Aviation Takes Flight
A significant component of the redevelopment plan involves establishing a dedicated terminal for private flights. This will cater to the increasing demand for business and personal aviation services, offering a more streamlined and exclusive travel experience. As reported by T News, the former terminal will begin operating private flights this year. This specialized terminal will offer services such as expedited security checks, private lounges, and dedicated aircraft handling, appealing to a clientele that values time and convenience.
The development of a private aviation terminal aligns with the broader trend of increasing demand for personalized travel experiences. As business travel rebounds and high-net-worth individuals seek more flexible and discreet travel options, the market for private aviation is expected to continue to grow. The former Jorge Chávez Airport is well-positioned to capitalize on this trend, offering a world-class facility that meets the needs of discerning travelers.
Impact on the Local Economy and Future Development
The transformation of the former Jorge Chávez Airport is expected to have a positive impact on the local economy, creating jobs in construction, logistics, and hospitality. The new business center will attract companies and investment, further stimulating economic growth in the surrounding area. The project also aligns with the Peruvian government’s broader efforts to promote economic diversification and attract foreign investment.
The airport’s redevelopment is occurring alongside ongoing expansion plans at the new Jorge Chávez International Airport. LAP is actively working to enhance the capacity and efficiency of the new facility, with plans for further expansion through 2027. As reported by Gestión, LAP is seeking to extend the operation of the support area. These ongoing investments demonstrate LAP’s commitment to developing world-class aviation infrastructure in Peru.
the new airport saw a significant increase in passenger traffic in 2025, with 25.5 million passengers traveling through its terminals, a 4.1% growth driven by international markets and domestic demand. The airport also celebrated its first Christmas season, handling approximately 16,000 flights and over 2 million passengers during the peak travel period, solidifying its role as the country’s primary aviation hub.
The transformation of the former Jorge Chávez Airport represents a strategic move by LAP to maximize the value of its assets and contribute to Peru’s economic development. By repurposing the older facility into a dynamic business and aviation center, LAP is creating a legacy that will benefit the country for years to come.
The next key milestone in this project is the official unveiling of the redevelopment plans by LAP in March 2026, providing a detailed timeline and scope of the project. Stay tuned for further updates as this exciting transformation unfolds. We encourage readers to share their thoughts and perspectives on this development in the comments below.