Declining Air Traffic in Mexico Puts Pressure on ASUR but Capital Expansions to Continue

Justin Lee

Singapore

July 26, 2024

Merida Airport

© Sharon Hahn Darlin / Wikipedia

Grupo Aeroportuario del Sureste (ASUR) announced its second quarter results for 2024, highlighting a year-on-year passenger traffic increase of 3% to nearly 18 million passengers.

Growth at ASUR's airports was primarily driven by strong performance in Colombia and Puerto Rico, which helped offset a decline in Mexico. Nevertheless, capital development projects at ASUR's airports will continue.

Passenger traffic presented year-on-year increases of 24.5% in Colombia and 11.6% in Puerto Rico while traffic in Mexico declined 5.5

LMM Airport

© Tomás Del Coro / Wikipedia

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