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MEXICO CITY - Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), also known as ASUR, an international airport group with operations in Mexico, the U.S., and Colombia, disclosed its passenger traffic results for February 2025, noting an overall decrease of 2.6% compared to the same month last year, totaling 5.6 million passengers. The $8 billion market cap company maintains strong financial health, with InvestingPro data showing impressive gross profit margins of 64.4% and robust revenue growth of 21.3% over the last twelve months.
The data, which compares the period from February 1 to 28, 2025, with February 1 to 29, 2024, reveals divergent trends across the regions ASUR operates in. Puerto Rico saw a significant rise in passenger numbers, with an 8.6% increase overall, driven by a substantial 19.2% jump in international traffic and a 7.5% rise in domestic traffic. Colombia also experienced growth, albeit more modest, with a 3.3% increase overall, led by an 11.3% increase in international traffic and a 1.1% rise in domestic traffic.
In contrast, Mexico’s figures indicate a downturn, with a 7.5% decline in passenger traffic. Both international and domestic sectors contributed to this decrease, falling by 10.6% and 2.9% respectively. Specific airports within Mexico such as Cancun, Cozumel, and Villahermosa faced notable declines, while others like Minatitlan and Veracruz reported increases in domestic traffic.
The report also highlighted that February 2025 had one fewer calendar day, which may have impacted the overall traffic figures. Passenger numbers exclude transit and general aviation passengers for Mexico and Colombia.
ASUR, which operates nine airports in southeast Mexico, including the key tourist hub of Cancun Airport, and six airports in northern Colombia, including Medellin’s international airport, is a significant player in the region’s airport operations. The company also has a 60% stake in Aerostar Airport Holdings, LLC, the operator of the Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
The information in this article is based on a press release statement from Grupo Aeroportuario del Sureste, S.A.B. de C.V.
In other recent news, Southeast Airport Group, formally known as Grupo Aeroportuario del Sureste, S.A.B. de C.V., has submitted a Form 6-K filing with the U.S. Securities and Exchange Commission (SEC). This filing, a standard requirement for foreign private issuers, provides updates on the company’s operations and confirms its compliance with SEC regulations. The document, signed by CEO Adolfo Castro Rivas, indicates that the company will continue to file annual reports under Form 20-F, which is used for comprehensive financial disclosures. The filing does not include specific financial figures or operational changes, serving primarily as a routine regulatory update. It confirms that Southeast Airport Group is not furnishing information under Rule 12g3-2(b), which some foreign issuers use to meet SEC requirements. The company’s business address is located in Mexico City, and the filing ensures transparency for investors and stakeholders. The information is part of the company’s ongoing commitment to regulatory compliance and does not imply any significant changes in its business operations. Investors can access the full filing through the SEC’s database for more details.
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