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===First phase=== In 2006, Tocumen S.A. started a major expansion and renovation program. The main passenger terminal was expanded {{convert|20830|m2|abbr=on}} at a cost of approximately US$21 million. New boarding gates were built to allow more flights to and from Panama, and to facilitate the growth of commercial and internal circulation areas. Tocumen Airport administration acquired 22 new boarding bridges and replaced the oldest 14. This included the addition of 6 remote positions, hence allowing Tocumen Airport to have a total of 28 boarding gates. The new installations were opened in 2006. The airport also has a VIP lounge, Copa Club, operated by the partnership between [[United Airlines]] and [[Copa Airlines]] that caters to Copa's partner airlines and [[Star Alliance]] members. It also had an Admirals Club for [[American Airlines]], which closed on June 30, 2012.<ref>{{cite web|url=https://www.aa.com/i18n/travelInformation/airportAmenities/AdmiralsClub.jsp |title=Admirals Club Lounge | Airline Clubs And Lounges | American Airlines |publisher=American Airlines |date=2015-04-25 |access-date=2015-04-25}}</ref> The Lounge Panama,<ref>{{cite web|url=https://www.prioritypass.com/en/lounges/panama/panama-tocumen-international/pty4-the-lounge-panama-by-global-lounge-network|title=PTY4-The-Lounge-Panama-by-Global-Lounge-Network|website=Prioritypass.com|access-date=23 January 2019}}</ref> a VIP [[airport lounge]] operated by Global Lounge Network<ref>{{cite web|url=http://www.globalloungenetwork.com/|title=Global Lounge Network|website=Globalloungenetwork.com|access-date=23 January 2019}}</ref> started operations at Tocumen on January 9, 2019. The next step of the modernization project was the purchasing of new equipment to provide service and support to the common areas of the airport. New equipment included: modern boarding gates and elevators, luggage conveyor belts, flight information system, and revamping the air conditioning system.{{cn|date=December 2024}} The renovation of the old Tocumen International Airport (originally built in 1947) to be used solely as a cargo terminal, was the last step of the modernization project of Tocumen International Airport. It included the redesign of the central building, the construction of new buildings for cargo companies among other improvements.<ref>{{cite web|url=http://www.tocumenpanama.aero/index.php?cccpage=otros_proyectos |title= Expansion Plan of Tocumen Airport|publisher= Tocumen Airport Panama |date=2010-08-01 |access-date=2010-08-01}}</ref>
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