Overview
- The festival filed for insolvency in early 2025, leading to the cancellation of its 2025 edition.
- The official website and Instagram profile continue to advertise 2025 tickets despite the insolvency ruling.
- Numerous creditors, including artists, technicians and caterers, remain unpaid under the ongoing insolvency proceedings.
- Panama Open Air had drawn up to 25,000 visitors annually since its 2016 debut with headliners such as The Black Eyed Peas, Rita Ora and Tyga.
- Lawyers say a revival is unlikely because large-scale events require roughly two years of preparation and significant financing.