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Page 2
Some of the statements contained in this presentation discuss future
expectations or state other forward-looking information. Those statements are
subject to risks identified in this press release and in ASUR's filings with the SEC. Actual developments could differ significantly from those contemplated in these
forward-looking statements. The forward-looking information is based on
various factors and was derived using numerous assumptions. Our forward- looking statements speak only as of the date they are made and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future or otherwise.
Long Serving | |||||||
Fernando Chico Pardo | Adolfo Castro Rivas | ||||||
Experienced | Chairman of the Board of Directors | Chief Executive and Financial Officer | |||||
Management | Head of Investor Relations | ||||||
Company | with company since 2005 | with company since 2000 | |||||
Overview | |||||||
Claudio Góngora Morales | Alejandro Pantoja López | ||||||
Regulation | |||||||
General Counsel | Chief Infrastructure Officer | ||||||
Operational | |||||||
Information | with company since 1999 | with company since 2001 | |||||
Commercial | Carlos Trueba Coll | Manuel Gutiérrez Sola | |||||
Revenues | |||||||
Financial | General Director of Cancún Airport | Chief Commercial Officer | |||||
Information | |||||||
Strategic | with company since 1998 | with company since 2000 | |||||
Matters | |||||||
Héctor Navarrete Muñoz | |||||||
International | |||||||
General Director of Regional Airports | |||||||
with company since 1999 | |||||||
Page 3 | |||||||
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Page 4
Key value drivers
- Long-termconcession investments in attractive locations in Mexico, the Caribbean and South America
- Established regulatory framework
- Track record of consistent passenger growth
- Balanced mix of international and domestic traffic
- Successful, market leading commercial business strategy
- Strong cash flow profile and solid balance sheet
- Robust corporate governance and board of directors with experienced management
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Page 5
Sustainability is a key strategy in our business model
- Member of Bolsa Mexicana de Valores sustainability index
- Active participant of United Nations Global Compact, in Mexico and internationally
- Certified by CEMEFI as Socially Responsible Company (13th year)
- Airports' Environmental Management Systems certified under ISO 14001
- Environmental Compliance certification from Mexican Environmental Protection Agency
- Focus on quality of life for employees and community relations
- Strict standards of corporate governance and business ethics
Geographical presence
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Page 6
Source: ASUR Company Filings
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Illustrative flight times from various destinations
Page 7
ASUR, GAP and Corporación America are the only Latin American Airport Groups listed on NYSE
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Page 8
FCHP & ADO
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Page 9 | * Shared Voting Power: 21,147,094 shares with voting rights and delegated voting rights, as of December 31, 2019 |
https://www.sec.gov/Archives/edgar/data/1123452/000108514620000594/asurba18_21020.htm | |
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Page 10
Dual Till
System
Regulated +
Non Regulated
Revenues
Note: 2019 Revenues per PAX (excluding Construction Services), expressed In nominal pesos as of Dec 2019; passenger traffic excludes transit and general aviation passengers ASUR adjusts specific tariffs / prices once every six months using the Mexican producer price index, excluding petroleum).
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
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MDP
Committed
Investments
1999-2019:
28,077
million pesos
Visibility on capital expenditure requirements, as maximum rate negotiated along with Master Development Plan (MDP) is a function of programmed CAPEX
MDP Investment Commitments
(expressed in December 2018 Million Pesos)
5,000
4,000
3,000
2,000
1,000
0
Revenues |
Financial |
Information |
Strategic |
Matters |
International |
2020-2023:
10,787
million pesos
Key projects completed (1999-2018)
- 1999: Government CAPEX backlog
- 2005: 9/11 security standards
- 2006-2007:Terminal3 and second runway in CUN
- 2011: Passenger flow separation in CUN
- Required works for Airport Certification (9 airports)
- Terminal building expansion:
- 2011-2013:HUX, MID, OAX and VSA
- 2014-2016:Terminal 2 & 3 in CUN and VER
- 2014-2017:Terminal 4 in CUN
Future Projects (main)
- MID: Terminal expansion
(includes a complete reconfiguration)
- CUN: Terminal 4 expansion, parallel taxiway on runway 12L-30R, new access roads
- OAX & VSA: Terminal expansions
- ALL: Runway, Taxiways & Apron repaving + equipment renewal
Page 11
- Committed investments from May 1999 to Dec 2000;
- 195 M Pesos pesos have been paid each year (anticipated) - Terminal 3 Cancún Airport.
Note: Committed investments according to the approved MDP, expressed in million pesos as of Dec. 2019 based on the Mexican construction price index in accordance with the terms of the MDP. Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
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Page 12
Mexican Airports by
PAX
(thousand PAX)
1 According to the Communications and Transport Ministry's website
Source: Company financials, AICM website: Note: Selected airport sample includes ASUR, GAP, OMA and OHL concessions and the Mexico City airport; PAX traffic excludes transit and general aviation PAX
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Page 13
2019 Total Revenue per PAX:
Ps.313.7
2019 Revenues | by business | by airport | |||
Ps.10,716M | |||||
Regulated | |||||
Non-aeronautical40.9% | Villahermosa Other 11.2% |
Commercial | 61.7% | 3.1% |
Merida | ||
38.3% | ||
7.2% | ||
Cancun
78.4%
Aeronautical 59.1% | |||
2019 PAX | by type | by airport | |
34.2M | Villahermosa | Other 13.6% | |
Domestic | 3.6% | ||
Merida | |||
48.8% | |||
8.2% | Cancun | ||
International | 74.6% | ||
51.2%
Source: Company filings; Note: Non-aeronautical revenues are derived from leasing of space in airports to airlines, restaurants, retailers and other commercial tenants and access fees collected from third parties providing complementary services (such as catering, handling, and ground transport). Commercial revenues are all non-aeronautical and include revenues related to retail (duty free & duty paid), food & beverages, advertising, banking & foreign exchange, car rental, car parking, ground transport, teleservices and others. Revenues from Construction Services are not included. PAX traffic excludes transit and general aviation.
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
1990 - 2019
TOTAL PAX CAGR:
3 5.0
3 0.0
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Page 14
6.4%
CAGR '90-'19 (INT'L): 6.8%
CAGR '90-'19 (DOM): 6.1%
CAGR '90-'19 (Cancun): 7.7%
2 5.0
2 0.0
1 5.0
1 0.0
5 .0
0 .0
1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 11M19 | 11M20 | |
Source: ASA from 1990-1998. ASUR management thereafter
Note: Transit and general aviation excluded
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Passenger traffic by Origin - Destination (million PAX)
Company | ||||||||||||||||||||||
Overview | ||||||||||||||||||||||
Regulation | Region | 99 | 00 | 01 | 02 | 03 | 04 | 05 | 06 | 07 | 08 | 09 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
Operational | Mexico | 5.0 | 5.0 | 4.9 | 4.8 | 5.3 | 5.6 | 5.5 | 5.9 | 7.4 | 8.1 | 7.0 | 7.2 | 7.7 | 8.9 | 9.7 | 10.7 | 12.1 | 13.3 | 14.8 | 16.3 | 17.1 |
Information | USA | 4.1 | 4.6 | 4.5 | 4.4 | 4.9 | 5.9 | 5.6 | 5.3 | 6.0 | 6.5 | 5.9 | 6.2 | 6.2 | 6.2 | 6.8 | 7.6 | 8.8 | 9.4 | 10.1 | 10.2 | 9.7 |
Commercial | Europe | 0.7 | 0.9 | 0.9 | 0.8 | 1.0 | 1.3 | 1.2 | 1.3 | 1.4 | 1.5 | 1.0 | 1.2 | 1.3 | 1.5 | 1.7 | 1.7 | 1.7 | 1.8 | 1.9 | 2.0 | 2.1 |
Revenues | ||||||||||||||||||||||
Financial | Canada | 0.3 | 0.4 | 0.5 | 0.6 | 0.7 | 0.8 | 0.8 | 0.8 | 1.0 | 1.3 | 1.3 | 1.5 | 1.7 | 1.8 | 1.8 | 1.9 | 2.0 | 2.1 | 2.2 | 2.4 | 2.7 |
Information | ||||||||||||||||||||||
Latin America | 0.5 | 0.5 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | 0.6 | 0.9 | 1.1 | 1.3 | 1.6 | 1.8 | 2.1 | 2.3 | 2.5 | |
Strategic | ||||||||||||||||||||||
Matters | ASUR | 10.6 | 11.4 | 11.3 | 10.9 | 12.2 | 13.9 | 13.4 | 13.6 | 16.1 | 17.8 | 15.5 | 16.7 | 17.5 | 19.2 | 21.1 | 23.2 | 26.1 | 28.4 | 31.1 | 33.2 | 34.2 |
International |
% Change% of total % CAGR 19 vs. 18 2019 1 99-19
5.2 50.1 6.3
(4.2) 28.5 4.4
2.9 6.2 5.8
10.3 7.9 11.7
8.0 7.3 8.2
2.8 100 6.0
Page 15
1 Note: % of total refers to 2019 figure Note: Excludes transit and general aviation;
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
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Page 16
Passenger traffic during last 12- months at each specific date (million PAX)
17.7 M
9.6 M
8.1 M
EVENT | RECOVERY AFTER | Type of PAX | Historical Max. | (%) Nov 20 vs. Hist. Max | |
Sep '01: 9/11 | 13 months | Domestic | Feb'20 | (43.36%) | |
Oct '05: H. Wilma | 16 months | International | Feb'20 | (54.15%) | |
May '09: H1N1 | 26 months | TOTAL | Feb'20 | (48.87%) | |
Mar '20: COVID-19 |
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Available Airplanes in Mexico
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2020 Industry Estimates:
289
available airplanes
Last update: May 2020
Available airplanes
450
400
Jun 08,
350 307
300
250
200
150
100
50
0
Jun-08Sep-10
200 | ||
150 | ||
351 | 135 | .vsLost |
Dec 19, | 100 | |
May 20, | 50 | New |
283 | 0 | Airplanes |
(50) | ||
(100) |
(150)
(159)
(200)
May-20
Available airplanes |
Source: | |
www.airfleets.net | |
Page 17 | |
www.aerotransport.org | |
New airplanes - existing airlines | (24) | (8)% |
Lost airplanes - suspended airlines |
Nominal CAGR 2000 - 2019: 21.3%; (Mexican CPI CAGR 2000-2019: 4.2%) | ||
2019 commercial revenue per PAX | Commercial revenues per passenger per quarter evolution | |
vs. peers (US$/PAX) - converted at a 2019 average | (Pesos / Passenger in Mexican pesos as of date reported) | |
FX of PS. 18.8642/US$ for Mexican Airports |
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Page 18
Selected Int
1 International average includes figures for Fraport, Copenhagen Airports, Vienna Airport, Aeroports do Paris and Zurich Airport; Note: OMA commercial revenues exclude revenues from Cargo, NH Hotel (Mexico City Airport), Hilton Garden Inn Hotel (Monterrey Airport) & Aero Industrial Park; GAP commercial exclude revenues from Montego Bay & Kingston operations; Amounts converted to US$ at a 2019 average FX of Ps. 18.8642/US$ (banxico.org.mx), where applicable; Note: Commercial revenue per passenger recorded in 3Q'05 reflects a one time payment from Dufry Mexico of Ps.39.5mm; Commercial revenue recorded in 4Q'06 reflects a one time payment of Ps.19.1mm from Aldeasa for a new concession contract at Terminal 3 in Cancun International. Passenger traffic excludes transit and general aviation; Commercial revenue per passenger CAGR based on full year 2000 and full year 2019 figures
Passenger traffic in Mexico decreased 94.2% in 2Q'20 vs 2Q'19, reflecting the impact of the COVID-19 pandemic
Non Regulated Revenues as % of Total Revenues
(excluding Revenues from Construction Services)
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
1999 - 2019 Revenues | EBITDA & EBITDA Margin (Ps. Mm) | ||
Total | CAGR '06-'19: 14.5% | ||
Revenues | |||
CAGR | |||
Company | 1999 - 2019: | ||
Overview | 13.2% | ||
Regulation | EBITDA means net income before: provision for taxes, deferred taxes, profit sharing, | ||
(Not including Revenues | |||
non-ordinary items, participation in the results of associates, comprehensive financing | |||
Operational | from Construction | cost and D&A. EBITDA should not be considered as an alternative to net income, as an | |
Services) | indicator of our operating performance or as an alternative to cash flow as an indicator of | ||
Information | liquidity. Our management believes that EBITDA provides a useful measure that is widely | ||
used by investors and analysts to evaluate our performance and compare it with other | |||
companies. EBITDA is not defined under U.S. GAAP or IFRS and may be calculated | |||
Commercial | differently by different companies. 2010 - 2019 EBITDA margin calculated w/o Rev. from | ||
Revenues | Constr. Serv. for comparability with previous periods. | ||
Financial | Growth rates: '99 - '19 CAGR (%) | ||
Information | Passenger traffic | 6.0% | |
Strategic | Total revenues | 13.2% | |
Matters | EBITDA | 14.8% | |
International | Net income | 19.1% | |
Mexican CPI | 4.45% | ||
Source for Mexican CPI: Inegi; Note: CAGRs calculated in Mexican peso terms; Revenues | |
Figures for 2010 - 2019 reflect adoption of MIFRS-17 | from Construction Serv. not included; PAX figures exclude PAX in transit or general |
Note: From 1999 to 2007 figures in nominal Mexican pesos adjusted for inflation as of Dec. 31st of each year | aviation. Otherwise stated, figures from operations in PR and Colombia are excluded. |
Page 19
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Page 20
ACI has named Cancun as the best airport in Latin Americafor 4 consecutive years
Revenue per PAX in 2019 | CAGR in Revenues 2006 - 2019 (%) | |
CAGR in PAX Traffic 2006 - 2019 (%) | CAGR in EBITDA 2006 - 2019 (%) | |
NOTES:
- Revenues from Construction services are excluded for ASUR, GAP & OMA.
- ASUR figures exclude 2019 PAX, revenues & EBITDA from its participation in San Juan Airport Operations (Puerto Rico) & Airplan (Colombia)
- GAP figures exclude 2019 PAX, revenues & EBITDA from Montego Bay & Kingston Airport Operations.
- OMA figures exclude 2019 revenues & EBITDA from NH Hotel (Mexico City Airport), Hilton Garden Inn Hotel (Monterrey Airport) & Aero Industrial Park.
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Page 21
Revenue and cost per PAX comparison (Nominal Pesos / PAX)
Revenues have grown at a faster rate than total costs and PAX traffic
NOTE: Total Revenue per passenger does not include revenues from construction services. Controllable expenses per passenger exclude: D&A, Concession Fee, Technical Assistance and Cost of Sales from Direct
Commercial Operation. 3Q'10: Does not reflect the Ps.128.0 million increase in the reserve for doubtful accounts resulting from the bankruptcy announced by Grupo Mexicana de Aviación
Passenger traffic in Mexico decreased 94.2% in 2Q'20 vs 2Q'19, reflecting the impact of the COVID-19 pandemic
2019 operating cost breakdown (%) | Growth rates: '06 - '19 CAGR (%) | ||||
Passenger traffic | 7.2% | Cost of services | 8.8% | ||
Revenues | 12.8% | Administrative services | 7.5% | ||
EBITDA | 14.5% | Total costs | 7.8% | ||
Net Income | 18.7% | Mexican inflation (CPI) | 4.1% | ||
Mexican GDP growth | 1.9% |
Growth rates in Mexican peso terms; Mexican inflation growth rate calculated as the % change in CPI
2019 OPEX for Operations in Mexico (Puerto Rico and Colombia excluded)indexed to 2006; total costs include concession fee, technical assistance, administrative services, costs of services and D&A; PAX traffic excludes Transit and G.A. PAX.
Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Dividends evolution 1999 - 2019
EBITDA - CAPEX (Ps. million) | Net Income, retained earnings and dividends evolution (Ps. thousands) 1 | |
Net income | ||
Company | Retained earnings | |
Overview | Dividends paid | |
Regulation | ||
Operational | ||
Information | ||
Commercial | ||
Revenues | ||
Financial | ||
Information | ||
Strategic | ||
Matters | ||
International | ||
2 | 3 |
Page 22
Note: Retained Earnings for the years 2010 - 2019 reflect the adoption of IFRS.
1 Note: Figures in nominal Mexican pesos for the respective year; for illustrative purposes, dividend in each year in the chart above relates to the dividend paid in nominal pesos in the year thereafter, i.e. dividend shown in year (x) in the chart above is actually the dividend paid in year (x+1) according to ASUR financial statements; 2 Note: 4.00 pesos per share paid in May 2013; 4.40 pesos per share paid in December 2013. 3 Note: 8.21 pesos per share approved by the Annual General Shareholders Meeting on April 23th, 2020, and to be paid out on a date approved by the Board of Directors on or after May 11th, 2021. Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Five out of nine board members are independent 1 | |||||||||||
High | Board of | Audit | Operations | Nominations & | Acquisitions & | ||||||
Compensations | Contracts | ||||||||||
Directors | Committee | Committee | |||||||||
Corporate | Committee | Committee | |||||||||
Fernando Chico Pardo | X | X | X | X | |||||||
Governance | |||||||||||
Founder and President of Promecap | |||||||||||
Company | Standards | José Antonio Pérez Antón | X | X | X | ||||||
CEO of Grupo ADO | |||||||||||
Overview | |||||||||||
Bárbara Garza Lagüera Gonda1 | X | X | |||||||||
Regulation | Alternate member Board of Directors of FEMSA | ||||||||||
Ricardo Guajardo Touche1 | X | X | X | ||||||||
Former president of BBVA Bancomer | |||||||||||
Operational | |||||||||||
Francisco Garza Zambrano1 | X | X | |||||||||
Information | |||||||||||
Former President of CEMEX North America | |||||||||||
Commercial | Guillermo Ortiz Martinez1 | X | X | ||||||||
Revenues | Former Governor of Mexico Central Bank for 12 yrs. | ||||||||||
Financial | Rasmus Christiansen 1 | X | X | X | |||||||
Former CEO of Copenhagen Airports International | |||||||||||
Information | |||||||||||
Luis Chico Pardo | X | ||||||||||
Strategic | Former economist at the Bank of Mexico | ||||||||||
Matters | Aurelio Pérez Alonso | X | X | ||||||||
Deputy Chief Executive Officer of Grupo ADO | |||||||||||
International | |||||||||||
• Sarbanes-Oxley compliant | |||||||||||
• Four committees led by board members | |||||||||||
• Audit committee comprised of 3 independent members of the board of directors | |||||||||||
Page 23 | |||||||||||
Short & Long
Term
Objectives
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Page 24
- Further develop our commercial business
- Improve our passenger volumes
- World Class service - ASQ Program
- Improve capital structure
- Monitor new business opportunities
Puerto Rico | ||
& | ||
Colombia | ||
Company | Country: | Puerto Rico (US) |
Overview | Start of Operations: | Feb 27th, 2013 |
Regulation | Ownership: | |
ASUR, | ||
60% | ||
Operational | ||
Information | ||
Commercial | ||
Revenues | ||
Financial | PSP Investments, | |
40% | ||
Information | ||
Strategic | Airports: | |
• SJU: Luis Muñoz Marin (SAN JUAN) | ||
Matters | ||
International |
Page 25
Country:Colombia
Start of Operations: Oct 19th, 2017
Ownership:
ASUR, 100.00%
Airports:
- MDE: José María Córdova (RIONEGRO)
- EOH: Olaya Herrera (MEDELLÍN)
- MTR: Los Garzones (MONTERÍA)
- UIB: El Caraño (QUIBDÓ)
- APO: Antonio Roldan B. (CAREPA)
- CZU: Las Brujas (COROZAL)
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Page 26
6 years of successful operation in San Juan, Puerto Rico
- Luis Munoz Marin International Airport (SJU), in San Juan Puerto Rico (9.4M PAX during 2019) is the largest and busiest airport in the Caribbean.
- Feb 27th, 2013 initiated with the operation of the airport:
Term of 40 years
Upfront payment of $615M USD
Airlines serving LMM will collectively make aggregate payments of $62M USD/yr for the first five years; years 6-40 the payment will be increased annually by the U.S. CPI
Revenue-sharing payments to PRPA: fixed at $2.5M USD first five years; 5% of gross airport revenues (years 6-30); 10% of gross airport revenues (years 31-40)
Minimal Capital Improvement projects: $34M USD
Consolidation: Equity method up to may 2017
- May 26th, 2017: ASUR increases its participation to 60%.
- Jun 1st, 2017: ASUR begins consolidating its operations in Aerostar line by line.
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Page 27
Total | • SJU accounts for over 93% of Puerto Rican passenger traffic |
Passenger | • Approximately 83% of enplanements are origin and destination ("O&D") |
Traffic 2019: | • SJU is served by a strong and diverse group of 35 airlines |
9.4M | |
- Aerostar works closely with the airlines and the Puerto Rico Tourism Company in the development of new routes and expansion of services to existing destinations
- September 21, 2017: Hurricane Maria hits Puerto Rico.
Summary of Passenger Traffic | PAX traffic during last 12-months(at each specific date) | ||||||||||||||||||||||||||
10.5 | |||||||||||||||||||||||||||
9.5 | |||||||||||||||||||||||||||
8.5 | 5.8 13,-feb. | 0.9 16,-.dic | 2.9 17,-.ago | 4.8 17,-.dic | 7.7 ,18ago -. | 6.9 20,-.feb | 3.5 20,nov-. | ||||||||||||||||||||
MillionPAX | |||||||||||||||||||||||||||
7.5 | |||||||||||||||||||||||||||
6.5 | |||||||||||||||||||||||||||
5.5 | |||||||||||||||||||||||||||
4.5 | 13feb-. | 13abr-.13jun-. | 13ago-.13oct-.13dic-.14feb-. | 14abr-.14jun-.14ago-.14oct-.14dic-. | 15feb-.15abr-.15jun-.15ago-.15oct-.15dic-.16feb-.16abr-.16jun-.16ago-.16oct-. | 16dic-. | 17feb-. | 17abr-.17jun-. | 17ago-. | 17oct-. | 17dic-. | 18feb-. | 18abr-.18jun-. | 18ago-. | 18oct-. | 18dic-. | 19feb-. | 19abr-. | 19jun-.19ago-. | 19oct-. | 19dic-. | 20feb-. | 20abr-. | 20jun-. | 20ago-. | 20oct-. | |
The decline in passenger traffic at San Juan Airport reflects the impact of | 12dic-. | ||||||||||||||||||||||||||
COVID-19. |
Passenger figures include transit and general aviation passengers.
Source of PAX Figures from Feb 13: ASUR filings
AEROSTAR: Main Financial Data | |
Aerostar | |
Total | |
Revenues for | |
Company | 9M'20: |
Overview | $1,946,065 |
Regulation | (thousands of Mexican |
pesos, excluding | |
Construction Revenues) | |
Operational | |
Information | |
Commercial | |
Revenues | |
Financial | |
Information | |
Strategic | Figures presented in the table above compare Aerostar's independent results for the nine-month period ended September 30, 2020 and 2019 |
Matters | |
International |
Page 28
AEROSTAR: Commercial Revenues | |
Aerostar | |
Commercial | |
Revenues per | |
Company | Passenger for |
Overview | 9M'20: |
Regulation | $162.0 |
(Mexican pesos per | |
Operational | passenger) |
Information | Figures presented in the table above compare Aerostar's independent results for the nine-month period ended September 30, 2020 and 2019 |
Commercial | |
Revenues | |
Financial | • Consistent growth in commercial revenues from an increased number of |
Information | concessions, optimized passenger flow and improved product offerings. |
Strategic | |
Matters | • Around $170M USD invested in modernizing terminal offerings through |
International | new concession concepts, self-operating Convenience Stores, and |
updated parking and car rental facilities | |
Page 29 |
Company |
Overview |
Regulation |
Operational |
Information |
Commercial |
Revenues |
Financial |
Information |
Strategic |
Matters |
International |
Page 30
Oct 19, 2017: ASUR begins the operation of Airplan
- This acquisition is an important strategic addition that allows ASUR to enter the South American market by offering airport services through six airports in Colombia:
- RIONEGRO - Jose Maria Cordoba
- MEDELLÍN - Olaya Herrera
- MONTERIA - Los Garzones
- QUIBDÓ - El Caraño
- CAREPA - Antonio Roldan B.
- COROZAL - Las Brujas
- Oct 19th, 2017: ASUR begins consolidating its operations in Airplan line by line.
- May 25, 2018: ASUR acquires the remaining 7.58% of Airplan bringing its ownership stake in the company to 100%.
Company |
Overview |
Regulation |
Operational |
Information |
Commercial |
Revenues |
Financial |
Information |
Strategic |
Matters |
International |
Page 31
Total | • Traffic at Airplan airports accounts for 15.6% of passenger traffic in Colombia (as |
of Dec 2019) (Bogota Airport, the busiest one in the country accounts for 48%) | |
Passenger | |
Traffic 2019: | • Airplan is the second-largest airport concession holder in Colombia, with 12.1 |
12.1M | million passengers in 2019 |
- September 20, 2017: Strike of local pilots at a major international carrier
Summary of Passenger Traffic | PAX traffic during last 12-months(at each specific date) | ||||||||||||||||||||||||
13.5 | |||||||||||||||||||||||||
12.5 | |||||||||||||||||||||||||
11.5 | |||||||||||||||||||||||||
10.5 | 3.12 | ||||||||||||||||||||||||
PAXMillion | 16,dic101-.. | 17,ago105-.. | 17,dic100-.. | 20,nov48-.. | |||||||||||||||||||||
9.5 | 20,feb-. | ||||||||||||||||||||||||
8.5 | |||||||||||||||||||||||||
7.5 | |||||||||||||||||||||||||
6.5 | |||||||||||||||||||||||||
5.5 | |||||||||||||||||||||||||
4.5 | 13feb-. | 13abr-.13jun-.13ago-.13oct-.13dic-.14feb-.14abr-.14jun-.14ago-.14oct-.14dic-.15feb-.15abr-.15jun-.15ago-.15oct-. | 15dic-.16feb-.16abr-. | 16jun-. | 16ago-. | 16oct-. | 16dic-. | 17feb-. | 17abr-.17jun-. | 17ago-. | 17oct-. | 17dic-. | 18feb-. | 18abr-.18jun-. | 18ago-. | 18oct-.18dic-.19feb-. | 19abr-. | 19jun-.19ago-. | 19oct-.19dic-.20feb-. | 20abr-. | 20jun-. | 20ago-. | 20oct-. | ||
The decline in passenger traffic in Colombia reflects the impact of | 12dic-. | ||||||||||||||||||||||||
COVID-19. |
Passenger figures excludetransit and general aviation passengers, as
reported by ASUR. | Source of PAX Figures from Oct 17: ASUR filings |
AIRPLAN: Main Financial Data | |
Airplan | |
Total | |
Revenues for | |
Company | 9M'20: |
Overview | $571,528 |
Regulation | (thousands of Mexican |
pesos, excluding | |
Construction Revenues) | |
Operational | |
Information | |
Commercial | |
Revenues | |
Financial | |
Information | |
Strategic | |
Matters | |
Figures presented in the table above compare Airplan's independent results for the nine-month period ended September 30, 2020 and 2019 | |
International |
Page 32
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ASUR - Grupo Aeroportuario del Sureste SA de CV published this content on 04 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2020 18:14:00 UTC