1. Passenger traffic decreased by 2.6% year-over-year for ASR. 2. Traffic in Puerto Rico and Colombia rose 8.6% and 3.3%, respectively. 3. Mexico's passenger traffic fell by 7.5%, impacting domestic and international segments. 4. February 2025 had lower passenger counts due to one less calendar day. 5. International traffic showed declines of 10.6% in Mexico, affecting overall performance.
The decline in traffic, especially in Mexico, points to weakened demand. Historical data shows declines often lead to lower earnings projections.
The reported passenger traffic changes directly reflect ASR's operational performance and market conditions, impacting investor sentiment.
Current traffic trends suggest immediate impacts on ASR’s financial performance. Historical patterns show quick recovery only if demand improves.
Passenger traffic increased year-on-year by 8.6% in Puerto Rico and 3.3% in Colombia, and decreased 7.5% in Mexico.
MEXICO CITY, March 5, 2025 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for February 2024 reached a total of 5.6 million passengers, representing a decrease of 2.6% compared to February 2023.
Passenger traffic presented year-over-year increases of 8.6% in Puerto Rico and 3.3% in Colombia, while traffic in Mexico declined 7.5%. Performance in Puerto Rico was driven by increases of 19.2% in international traffic and 7.5% in domestic traffic, while Colombia reported increases of 11.3% in international traffic and 1.1% in domestic traffic. In Mexico, international and domestic passenger traffic declined 10.6% and 2.9%, respectively.
All figures in this statement reflect comparisons between the period from February 1 to 28, 2025, and from February 1 to 29, 2024. Noteworthy, February 2025 had one less calendar day. Passenger figures exclude transit and general aviation passengers for Mexico and Colombia.
| February | % Chg | Year to date | % Chg | |
|---|---|---|---|---|
| Mexico | 3,599,822 | (7.5) | 7,471,557 | (5.7) |
| Domestic Traffic | 1,416,632 | (2.9) | 3,039,786 | (1.7) |
| International Traffic | 2,183,190 | (10.6) | 4,431,771 | (8.5) |
About ASUR
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin International Airport (Rio Negro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first and currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit www.asur.com.mx.
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.