Grupo Aeroportuario del Sureste

Mexican airport operator From Wikipedia, the free encyclopedia

Grupo Aeroportuario del Sureste

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 Cancún. It is the third largest airport services company by passenger traffic in Mexico. It serves approximately 23 million passengers annually.

Quick Facts Company type, Traded as ...
Grupo Aeroportuario del Sureste, S.A.B. de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMV: ASUR
NYSE: ASR
IndustryAirport Services
Founded1 April 1998; 26 years ago (1998-04-01)
Headquarters,
Mexico
Number of locations
16 airports
Area served
Southeast of Mexico
Key people
Fernando Chico Pardo
(Chairman)
Adolfo Castro Rivas
(CEO)
Revenue US$ 1,526.17 million (2023)
US$ 631.0 million (2023)
Total assets US$ 4,157,599.3 million (2023)
Number of employees
1,882
Websitewww.asur.com.mx
Footnotes / references
Source: Annual Report[1]
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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

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Perspective

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.[2]

In 2008, ASUR reached 17.8 million yearly passengers. In 2012, 19.3 million passengers travelled through ASUR's airports.[2] In 2013, 21 million passengers were recorded in ASUR's airports.[3]

In November 2011, ASUR agreed to sell 49% of its shares of Inversiones y Tecnicas Aeroportuarias (ITA) to the transport company ADO.[4]

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.[5][6]

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 its objective to reduce carbon emissions.[7][8]

In March 2016, amid a financial crisis of domestic competitor OMA (Grupo Aeroportuario Centro Norte), ASUR considered acquiring the airport operator.[9]

Operating Airports

Airports in Mexico

Airports outside Mexico

Passenger numbers

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Perspective

Airports in Mexico

Number of passengers at each airport by 2024:[12]

Airports outside Mexico

Number of passengers at each airport by 2024:[12]

See also

References

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