ASUR Announces Total Passenger Traffic for March 2024

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.5 million in March 2024, marking a year-on-year increase of 6.6% compared to March 2023 [1][2] - Passenger traffic growth was observed across different regions: 3.4% in Mexico, 16.0% in Puerto Rico, and 9.4% in Colombia [1][2] - The increase in passenger traffic in Mexico was primarily driven by an 11.1% rise in international traffic, which compensated for a 6.83% decline in domestic traffic [1][3] Passenger Traffic Summary - In Mexico, passenger traffic rose from 3,893,840 in March 2023 to 4,024,853 in March 2024, a 3.4% increase [3] - Domestic traffic in Mexico decreased by 6.8%, while international traffic increased by 11.1% [3] - Puerto Rico's passenger traffic increased from 1,003,705 in March 2023 to 1,164,522 in March 2024, reflecting a 16.0% growth, with domestic and international traffic growing by 14.9% and 27.1%, respectively [3][4] - Colombia's passenger traffic grew from 1,170,420 in March 2023 to 1,280,754 in March 2024, a 9.4% increase, with domestic traffic rising by 3.6% and international traffic by 37.7% [3][4] Year-to-Date Performance - Year-to-date passenger traffic for Mexico increased from 11,073,291 in 2023 to 11,496,410 in 2024, a 3.8% rise [3] - Year-to-date traffic for Puerto Rico rose from 2,907,038 to 3,261,896, a 12.2% increase [3] - Year-to-date traffic for Colombia decreased slightly from 3,885,317 to 3,804,230, reflecting a 2.1% decline [3] Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia [5] - The company is a significant player in the airport industry, with its Cancun Airport being a major tourist destination [5] - ASUR is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in Puerto Rico [5]