Asur reports Q2 passenger traffic up 6.9% over last year
Grupo Aeroportuario del Sureste announced results for the three-and six-month periods ended June 30. Q2 total passenger traffic increased 6.9% YoY reaching 14.0M. Q2 highlights include: Passenger traffic in Mexico rose 4.7% YoY, reflecting increases of 9.3% and 0.7% in domestic and international traffic, respectively, principally driven by Cancun Airport; traffic in Puerto Rico increased 6.1% YoY, supported by increases of 5.5% in domestic traffic and 11.4% in international traffic; traffic in Colombia rose 14.9% YoY, driven by growth of 14.3% in domestic traffic and 18.5% in international traffic; consolidated commercial revenues per passenger reached Ps.99.7; consolidated EBITDA increased 16.3% YoY, reaching Ps.2,745.0M. Excluding a one-time insurance claim recovery of Ps.162.6M in Puerto Rico during Q2 in connection with Hurricane Maria in 2017, consolidated EBITDA would have increased 9.4% YoY to Ps.2,582.4 million.