Mexican airports continue their recovery
Mexico's three big private airport operators released their financial results for the period ending 30-Sep-2011. The Mexican aviation market has been in almost constant flux and consistently unprofitable in the past decade, with many airline casualties resulting partly from the effects of natural disasters and epidemics. But the market has stabilised following the exit of Mexicana. While Mexico's growth fundamentals remain sound, with a large population, strong economic growth and a populous spread over a large area there is hope for the airports business and these recent results emphasise that.
Each of the operators (Grupo Aeroportuario del Pacifico [GAP], Grupo Aeroportuario del Sureste [ASUR] and Grupo Aeroportuario del Centro Norte [OMA]) reports increased revenues, EBITDA and net profit (notably ASUR and OMA in the latter two categories) with passenger numbers up in all cases except GAP (-2.6%).
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.