31-Jan-2011 12:01 PM

Mexico's Federal Competition Commission bans ASUR from Riviera airport bid

Mexico's Federal Competition Commission banned Grupo Aeroportuario del Sureste (ASUR) from bidding for a new airport in the Caribbean, possibly further delaying its construction as the company is likely to appeal (Thomson Reuters, 30-Jan-2011). Because ASUR already runs the nearby airport in the resort of Cancun, it is said it would be in a too dominant position with a second international airport in Riviera Maya. The project was due to receive bids last Nov-2010 but the process appears to be stalled.