No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCourt Rejects Alterra Appeal Regarding Airport

Court Rejects Alterra Appeal Regarding Airport

THE report that initiated the more than two-year contract dispute regarding the renovation of the country’s main international airport was processed correctly, the Constitutional Chamber of the Supreme Court (Sala IV) ruled last week. Alterra Partners, which holds the contract to operate and renovate Juan Santamaría International Airport – in Alajuela, northwest of San José – had filed a request for an injunction before the Sala IV alleging a processing error in a scathing report emitted in March 2003 by the Comptroller General against Alterra. The report triggered the conflict and halted the airport’s $100 million renovation by calling into question the financing of the renovation.After 31 months, that conflict has yet to be resolved, although negotiations have produced an agreement awaiting approval by the appropriate institutions.In the request for an injunction, Alterra officials alleged they were not allowed to give their opinion before the comptroller’s report was written. The court ruled Alterra’s request was without merit.The report under scrutiny raised questions about many of the fees Alterra could charge airport users, particularly those for developing and financing expenses (TT, March 28, 2003). Alterra officials said the contract’s financial equilibrium was in jeopardy if the company was not allowed to charge the fees they said were previously agreed on with the government.Construction was halted after international banks suspended the final $30 million of Alterra’s $120 million loan pending the resolution of the dispute. Earlier this year, government and Alterra officials said they had reached an agreement to bring financial equilibrium to the controversial contract. That contract still awaits necessary approval by the Technical Council of the Civil Aviation Authority (CETAC) and the Comptroller General. Four members of CETAC resigned in August, officiallysaying it had nothing to do with the Alterra negotiations, although press reports said otherwise (TT, Aug. 26).Those CETAC positions were replaced last month and Transport Minister Randall Quirós said the agreement will move forward as planned.

Trending Now

Costa Rica Rainy Season 2026 Expected to Start Unevenly and Stay Drier

Costa Rica is heading into a rainy season that may begin on schedule on the calendar, but not in the usual pattern. The Instituto...

The History of Pirate Raids Along Costa Rica’s Coast

Long before Costa Rica became synonymous with cloud forests and wildlife reserves, its coastlines were contested territory in one of history's most dramatic power...

Costa Rica Backs Panama in Escalating China Shipping Dispute

Panama announced yesterday it will sanction a Chinese consortium for alleged breaches on a canal-related infrastructure project as detentions of Panamanian-flagged vessels in Chinese...

Costa Rica Warns Drivers About Fake QR Code Parking Scam

Costa Rica is warning drivers about a scam in which fake parking or violation notices are being left on windshields in paid parking areas....

Cuba and the United States Held Talks Recently in Havana

Despite ongoing tensions, Cuba and the United States are continuing their discussions and recently held high level diplomatic talks in Havana, a Cuban Foreign...

Panama Takes Custody of Flight 901 Bombing Attack Suspect

Panama took custody Monday of the main suspect in the 1994 bombing of Alas Chiricanas Flight 901, the deadliest terrorist attack in the country’s...
Avatar

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel