ASUR, OMA and GAP surviving traffic losses and cancellations as a new private sector airport opens

Apart from the core ‘invested’ airports, Macquarie Airports (now known simply as MAp) has a 16% strategic interest in ASUR, the leading Mexican airports operator that features Cancun Airport amongst its portfolio. The country having been stricken by swine flu (H1N1) earlier in the year, still recovering from the effects of recent hurricanes and getting to grips with the recession, and with Mexico’s low cost airline segment suffering from turbulent business prospects, the airports have not been performing well in 2009. The figures for the three months ended 30-Sep-2009 make for grim reading but at least the operating environment does not appear to be deteriorating further. [2051 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• Major passenger reduction is at Cancun
• Two runways and the highest control tower
• ASUR, OMA and GAP compared
• Privately funded green field airport opens at Puerto Peñasco
• Arizona’s Beach

This report contains the following charts and tables:

• Mexico’s Grupo Aeroportuario del Sureste (ASUR) reported the following full financial highlights for the three months ended 30-Sep-2009 (all financials USD millions)
• Grupo Aeroportuario del Centro Norte (OMA) reports the following financial highlights for the three months ended 30-Sep-2009 (all financials USD million)
• Chart 1: OMA, ASUR & GAP revenue growth, EBITDA growth and passenger number growth: 3Q2009
• Chart 2: OMA, ASUR & GAP EBITDA margin: 3Q2009