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ASUR reports on affect of Grupo Mexicana's suspension

9-Sep-2010 9:22 AM

Mexico's Grupo Aeroportuario del Sureste (ASUR) stated (08-Sep-2010) Grupo Mexicana represented 10.8% of its revenues for the eight-month period ended 31-Aug-2010, primarily from domestic passengers. ASUR believes that the majority of the routes operated by Grupo Mexicana were also operated by other carriers and thus the ultimate affect from the suspension of operations will not be in the same proportion as the number of flights cancelled. However, ASUR stated it cannot be sure that competing carriers will seek to increase their flight schedules or of the impact that this could have on business and results of operations, which could be adversely affected if traffic does not migrate to its other airline customers. [more]