* Brazil not seen offering attractive return
* CEO says unaware of Chico Pardo rumored stock sale
(Adds comments on holder sale, need of routes, Mexicana
impact, updates stock)
MEXICO CITY, July 26 Mexican airport operator
Asur said it will likely not bid for airport concessions in
Brazil as Chief Executive Adolfo Castro cited weak returns on
those ventures during a conference call on Tuesday.
Asur, or Grupo Aeroportuario del Sureste, said earlier this
year it would be interested in building a new airport in the
Brazilian northeast beach resort of Natal.
The company, which operates nine airports in Mexico,
including one in the popular resort of Cancun, on Monday
reported a 12 percent rise in second-quarter profit, helped by
a pick-up in passenger numbers.
Asur, Grupo Aeroportuario Centro Norte (OMAB.MX) and Grupo
Aeroportuario del Pacifico (PAC.N) (GAPB.MX), were hit by the
demise of Mexicana, one of the country's largest airlines.
Mexicana stopped flying in August 2010 because of financial
Castro said the Chicago and Los Angeles routes were among
those hurt the most by the Mexicana meltdown, but that Asur was
in talks with Mexico's No. 1 carrier AeroMexico (AEROMEX.MX) to
bring them back and recover passengers.
"Some ethnic traffic does not like to travel in U.S.
carriers," he said.
Asked about the rumored sale of an Asur stake by top
investor Fernando Chico Pardo, Castro said he was not aware of
any such transaction.
Asur shares (ASURB.MX) added 1.04 percent to 68.91 pesos
Tuesday morning while its New York-traded stock (ASR.N) rose
1.42 percent to $59.32.
(Reporting by Cyntia Barrera Diaz, editing by Gerald E.