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Profile: Grupo Aeroportuario del Sureste SAB de CV (ASR)

ASR on New York Consolidated

26 Jun 2019
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Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), incorporated on April 30, 1998, is a holding company. The Company and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in the Company's airports.

The Cancun International Airport is located approximately 20 kilometers from the city of Cancun. Merida International Airport serves the inland city of Merida. Cozumel International Airport is located on the island of Cozumel in the state of Quintana Roo. The airport primarily serves foreign tourists. Villahermosa International Airport is located in the state of Tabasco, approximately 75 kilometers from Palenque. Oaxaca International Airport serves the city of Oaxaca, which is the capital of the state of Oaxaca. Veracruz International Airport is located in the city of Veracruz along the Gulf of Mexico. Huatulco International Airport serves the Huatulco resort area in the state of Oaxaca on Mexico's Pacific coast. Tapachula International Airport serves the city of Tapachula. Minatitlan International Airport is located near the Gulf of Mexico, approximately 10 kilometers from the city of Coatzacoalcos in the state of Veracruz.

The Company's revenues from aeronautical services are derived from passenger charges, landing charges, aircraft parking charges, charges for the use of passenger walkways and charges for the provision of airport security services. The Company collects aircraft parking charges based on the time an aircraft is at an airport's gate or parking position. The Company provides airport security services at its airports through third-party contractors. The Company also provides firefighting and rescue services at its airports. The Company's revenues from non-aeronautical services are derived from commercial activities, such as the leasing of space in its airports to retailers, restaurants, airlines and other commercial tenants, and access fees charged to providers of complementary services in its airports, such as catering, handling and ground transport.

Company Address

Grupo Aeroportuario del Sureste SAB de CV

Bosque de Alisos 47-A Piso 4
Col. Bosques de las Lomas
MEXICO, D.F.     05120
P: +5255.52840408
F: +5255.52840454

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