Panama has a privileged geographical position that has allowed liaising with the other countries of the region. Evidence of this is the development of ports and the leading carrier in Panama.
Bahia Motors operates in Panama the vehicle brand Honda. It opened with only 38 employees and today has over 250 employees, indicating that sustained growth has positively affected the spirit of the team.
When the operation started, a sales record was achieved for the brand with a total of 430 units which accounted for 1.8% of the total car market. In 1998, the total number doubles with 792 units sold and a percentage of 2.3% in the total market.
Today Bahia Motors is among the most respected agencies in the country, ranking sixth in sales, with a performance of 6% of the market.
The most globalized Panamanian corporation, listed on the New York Stock Exchange (symbol: CPA) Copa Airlines and Copa Airlines Colombia, subsidiaries of Copa Holdings, are leading Latin American airlines for passengers and cargo. The airlines currently offers service to 73 destinations in 31 countries in North, Central and South America and the Caribbean.
Over 70 years of uninterrupted operations, they have managed to turn the Hub of the Americas based in Panama, into the center of leader connections across the continent. They have one of the youngest and most modern fleets in the industry, consisting of 100 aircraft: 80 Boeing Next-Generation 737 and 20 Embraer-190, and superior to 91%, one of the best indicators of the industry.
MIT offers efficient and reliable port services to shipping lines transiting the Panama Canal, the waters of the Caribbean and the Atlantic coast of South America. Its port facilities, located in a privileged position at the Atlantic entrance of the Panama Canal, including transshipment services and a logistics park which operates 24 hours a day, 7 days a week.
MIT is a company of the US and Panamanian private equity affiliate of Carrix, Inc., whose main division is SSA Marine, the largest US marine terminal operator, dockers and railways.
Carrix is headquartered in Seattle, Washington, while the international division of SSA Marine (SSA International) is headquartered in Panama City, where it monitors and controls the operations of its maritime terminals in Chile, Mexico, Panama and the rest of the world.