Girish Mahajan (Editor)

Grupo Aeroportuario del Sureste

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Type
  
Public

Industry
  
Airport Services

Area served
  
Southeast of Mexico

Revenue
  
523.1 million USD (2015)

Traded as
  
BMV: ASUR NYSE: ASR

Number of locations
  
10 airports

Headquarters
  
Mexico City, Mexico

Founded
  
1 April 1998

Grupo Aeroportuario del Sureste httpsuploadwikimediaorgwikipediacommonsthu

Key people
  
Fernando Chico Pardo (Chairman) Adolfo Castro Rivas (CEO)

Stock price
  
ASURB (BMV) MX$ 319.72 -1.06 (-0.33%)10 Mar, 3:00 PM GMT-6 - Disclaimer

Subsidiaries
  
Aeropuerto De Tapachula, S. A. De C. V.

Grupo Aeroportuario del Sureste, S.A.B. de C.V., known as ASUR, is a Mexican airport operator headquartered in Mexico City, Mexico. It operates 9 airports in the southeastern states of Mexico, including that of Cancun. It is the third largest airport services company by passenger traffic in Mexico. It serves approximately 23 million passengers annually.

Contents

ASUR is listed on the Mexican Stock Exchange and in the NYSE. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange.

History

ASUR was created in 1996 as the Mexican government started the privatisation of the country airport network. In 2000, ASUR launched its IPO on the NYSE (through ADRs) and the Mexican Stock Exchange, making 74.9% of the capital public. In 2004, Fernando Chico Pardo becomes the main shareholder of the company. In 2005, the government privatized its remaining 11.1% shares it owned in ASUR, making the company 100% privately-held.

In 2008, ASUR reached 17.8 million yearly passengers. In 2012, 19.3 million passengers travelled through ASUR's airports. In 2013, 21 million passengers were recorded in ASUR's airports.

In November 2011, ASUR agreed to sell 49% of its shares of Inversiones y Tecnicas Aeroportuarias (ITA) to the transport company ADO.

In July 2012, in a 50/50 joint-venture with Highstar Capital, ASUR won the bid to operate the Luis Muñoz Marín International Airport (San Juan, Puerto Rico) for a 40-year term.

In December 2015, ASUR signed a deal with SunPower to purchase 36 megawatts of solar energy to power its network of airports and comply with it objective to reduce carbon emissions.

In March 2016, amid a financial crisis of domestic competitor OMA (Grupo Aeroportuario Centro Norte), ASUR considered acquiring the airport operator.

Operating Airports


Mexican Airports

Passenger's number

Number of passengers at each airport by 2016:

References

Grupo Aeroportuario del Sureste Wikipedia