Acquisition of URW Airports
ASUR entered into a definitive agreement to acquire URW Airports for $295 million, marking a significant step forward in its international expansion strategy with a foothold in the U.S. market.
Passenger Traffic Growth in Colombia and Puerto Rico
Passenger traffic in Colombia rose by 3%, supported by an 11% increase in international traffic. In Puerto Rico, total traffic was up 1%, driven by a nearly 12% increase in international passengers.
Revenue Growth in Puerto Rico and Colombia
Puerto Rico reported revenue growth in the high single digits, driven by a 5% increase in aeronautical revenues and a 10% increase in non-aeronautical revenues. Colombia delivered revenue growth in the high single digits, with non-aeronautical revenues up in the high teens.
Strong Financial Position
ASUR closed the quarter with a solid cash position of MXN 16 billion and a healthy net debt-to-EBITDA ratio of 0.2x.