Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), an international airport group with operations in Mexico, the US and Colombia, has announced that total passenger traffic for October 2017 declined 4.2% when compared to October 2016, the company said.
Passenger traffic rose 5.2% in Mexico, and declined 24.5% in San Juan and 13.0% in Colombia.
On October 19, 2017 ASUR closed the acquisition of a controlling stake of approximately 92.42% in Sociedad Operadora de Aeropuertos de Centro Norte, S.A. (“Airplan”), the second-largest airport concession holder in Colombia. Therefore, starting October 2017, ASUR is starting to report monthly passenger traffic figures for Airplan.
Decline in passenger traffic at San Juan Airport reflects the impact of Hurricane Maria, which hit the island on September 21, 2017. Operations at this airport were still operating on a limited basis during October 2017. While the number of flights in October 2017 returned to the 70 average daily flights reported in 2016, they still register a lower load factor in arrivals. In Colombia, passenger traffic was impacted by a strike of local pilots at a major international carrier.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin international airport, the second busiest in Colombia.