GAP denies reports it has been disqualified in bidding for the Riviera Maya Airport project

Mexico's Grupo Aeroportuario del Pacífico (GAP) announced (09-May-2011) that to date, the company has not received any notification from the Ministry of Communications and Transportation (SCT) with respect to a disqualification of its participation in the bid for the Riviera Maya Airport project, as has been reported by some media. Based on the terms of the bid, the SCT's deadline to inform participants of the technical offering bid results and to begin solicitation of economic offerings is 24-May-2011. The consortium, comprised of GAP and Grupo Mexico, reiterated that in the case that it wins the bid, in compliance with the bid's terms, it will hold the concession's title and provide capital and expertise for the operation and administration of the new project's airports, based on these terms. [more]