TAGSA is a private company created with the goal of managing the Airport of Guayaquil. Formed as a corporation through public deed dated February 16, 2004. Registered in the Mercantile Registry of the Guayaquil Canton on February 19, 2004. The term of the company is fifty years as of the date of registry of the deed of incorporation.
Its partner companies are: DELLAIR SERVICES S.A., CORPORACION AMERICA S.A. (C.A.S.A.) y ORMOND GROUP S.A., formed under the laws of Ecuador, Argentina and Panama respectively.
Corporación América S.A. is the operating company of the Guayaquil Airport, directly related with the companies in charge of operating 53 airports around the world, including the whole airport system of the Republic of Argentina, Montevideo and Punta del Este Airports in Uruguay, and Armenia's airport (Zvarnots).