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ASUR Announces Total Passenger Traffic for July 2024

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Grupo Aeroportuario del Sureste (ASUR) reported a 1.7% decrease in total passenger traffic for July 2024, reaching 6.4 million passengers. The company experienced mixed results across its operations:

- Mexico: 11.1% decrease (9.4% domestic, 12.7% international)

- Colombia: 15.4% increase (12.3% domestic, 26.9% international)

- Puerto Rico: 10.5% increase (9.5% domestic, 17.4% international)

Year-to-date figures show a 2.5% increase in total traffic across all operations. Notably, Cancun airport in Mexico saw a significant 14.6% decrease in total traffic for July, while Rionegro airport in Colombia experienced an 18.9% increase.

Il Grupo Aeroportuario del Sureste (ASUR) ha riportato un calo dell'1,7% nel traffico totale dei passeggeri per luglio 2024, raggiungendo 6,4 milioni di passeggeri. L'azienda ha registrato risultati misti nelle sue operazioni:

- Messico: calo dell'11,1% (9,4% interno, 12,7% internazionale)

- Colombia: incremento del 15,4% (12,3% interno, 26,9% internazionale)

- Porto Rico: incremento del 10,5% (9,5% interno, 17,4% internazionale)

I dati da inizio anno mostrano un aumento del 2,5% nel traffico totale in tutte le operazioni. Da notare che l'aeroporto di Cancun in Messico ha registrato un significativo calo del 14,6% nel traffico totale per luglio, mentre l'aeroporto di Rionegro in Colombia ha sperimentato un incremento del 18,9%.

Grupo Aeroportuario del Sureste (ASUR) reportó una disminución del 1.7% en el tráfico total de pasajeros para julio de 2024, alcanzando 6.4 millones de pasajeros. La compañía experimentó resultados mixtos en sus operaciones:

- México: disminución del 11.1% (9.4% nacional, 12.7% internacional)

- Colombia: aumento del 15.4% (12.3% nacional, 26.9% internacional)

- Puerto Rico: aumento del 10.5% (9.5% nacional, 17.4% internacional)

Las cifras acumuladas del año muestran un incremento del 2.5% en el tráfico total de todas las operaciones. Notablemente, el aeropuerto de Cancún en México vio una disminución significativa del 14.6% en el tráfico total de julio, mientras que el aeropuerto de Rionegro en Colombia experimentó un aumento del 18.9%.

남동부 공항 그룹(ASUR)은 2024년 7월 총 승객 수가 1.7% 감소하여 640만 명에 도달했다고 보고했습니다. 회사는 운영 전반에 걸쳐 혼합된 결과를 경험했습니다:

- 멕시코: 11.1% 감소 (9.4% 국내, 12.7% 국제)

- 콜롬비아: 15.4% 증가 (12.3% 국내, 26.9% 국제)

- 푸에르토리코: 10.5% 증가 (9.5% 국내, 17.4% 국제)

연초 데이터에 따르면 모든 운영에서 총 트래픽이 2.5% 증가했습니다. 특히 멕시코의 칸쿤 공항은 7월 총 트래픽에서 14.6%의 상당한 감소를 보였고, 콜롬비아의 리온그레 공항은 18.9%의 증가를 경험했습니다.

Le Groupe Aéroportuaire du Sud-Est (ASUR) a signalé une baisse de 1,7% dans le trafic total de passagers pour juillet 2024, atteignant 6,4 millions de passagers. L'entreprise a connu des résultats mitigés dans ses opérations :

- Mexique : baisse de 11,1% (9,4% intérieur, 12,7% international)

- Colombie : augmentation de 15,4% (12,3% intérieur, 26,9% international)

- Porto Rico : augmentation de 10,5% (9,5% intérieur, 17,4% international)

Les chiffres cumulés depuis le début de l'année montrent une augmentation de 2,5% du trafic total sur toutes les opérations. Notamment, l'aéroport de Cancun au Mexique a enregistré une baisse significative de 14,6% du trafic total en juillet, tandis que l'aéroport de Rionegro en Colombie a connu une augmentation de 18,9%.

Die Grupo Aeroportuario del Sureste (ASUR) berichtete über einen Rückgang von 1,7% beim gesamten Passagieraufkommen für Juli 2024, was 6,4 Millionen Passagieren entspricht. Das Unternehmen erlebte gemischte Ergebnisse in seinen Operationen:

- Mexiko: Rückgang von 11,1% (9,4% national, 12,7% international)

- Kolumbien: Anstieg von 15,4% (12,3% national, 26,9% international)

- Puerto Rico: Anstieg von 10,5% (9,5% national, 17,4% international)

Die bisherigen Zahlen des Jahres zeigen einen Zuwachs von 2,5% im gesamten Verkehr über alle Operationen. Bemerkenswert ist, dass der Flughafen Cancun in Mexiko einen signifikanten Rückgang von 14,6% im Gesamtverkehr für Juli verzeichnete, während der Flughafen Rionegro in Kolumbien einen Anstieg von 18,9% erlebte.

Positive
  • 15.4% year-on-year increase in passenger traffic in Colombia
  • 10.5% year-on-year increase in passenger traffic in Puerto Rico
  • 26.9% growth in international traffic in Colombia
  • 17.4% growth in international traffic in Puerto Rico
  • 2.5% increase in year-to-date total traffic across all operations
Negative
  • 1.7% decrease in total passenger traffic for July 2024
  • 11.1% decrease in passenger traffic in Mexico
  • 12.7% decrease in international traffic in Mexico
  • 14.6% decrease in total traffic at Cancun airport in Mexico

Insights

ASUR's July 2024 passenger traffic report reveals a mixed performance across its operations. The 1.7% overall decrease masks significant regional variations. Colombia and Puerto Rico show robust growth, with 15.4% and 10.5% increases respectively, driven by strong international traffic. However, Mexico, ASUR's largest market, experienced a concerning 11.1% decline, affecting both domestic and international segments.

The divergence in performance suggests market-specific factors at play. Mexico's decline could be attributed to economic headwinds or increased competition, while Colombia and Puerto Rico may be benefiting from tourism recovery and improved connectivity. Investors should monitor whether this trend continues, as Mexico's performance significantly impacts ASUR's overall results.

Year-to-date figures show a more positive picture, with a 2.5% overall increase, indicating that July's decline may be a temporary setback rather than a long-term trend. The company's diversified portfolio across three countries provides some resilience, but the Mexican market's performance remains important for ASUR's financial health.

The July 2024 traffic report for ASUR highlights shifting travel patterns across its airport network. The standout performer is Colombia, with a remarkable 26.9% surge in international traffic, suggesting growing appeal as a destination and potential market share gains from competitors. Puerto Rico's strong performance, particularly the 17.4% increase in international traffic, indicates a robust recovery in Caribbean tourism.

Mexico's decline is concerning, especially the 12.7% drop in international traffic. This could reflect changes in tourist preferences, currency fluctuations, or safety perceptions. The 14.6% decrease at Cancun Airport, a major international hub, is particularly noteworthy and warrants further investigation into local market dynamics.

Interestingly, some smaller Mexican airports like Minatitlan and Villahermosa show growth, suggesting potential domestic travel shifts or emerging business travel routes. These micro-trends could offer opportunities for targeted investments or marketing strategies to capitalize on changing travel patterns.

ASUR's July 2024 traffic report reveals divergent trends in the Latin American travel market. The robust growth in Colombia and Puerto Rico suggests a strong recovery in these markets, possibly driven by pent-up demand and improved air connectivity. The 26.9% increase in Colombia's international traffic is particularly impressive, indicating its rising status as a tourist destination.

However, the decline in Mexico is a red flag. The 11.1% overall decrease, with both domestic and international traffic affected, could signal broader issues in the Mexican travel market. The significant drop at Cancun Airport (14.6%) is especially concerning, as it's a major tourist hub. This could be due to factors such as increased competition from other Caribbean destinations, safety concerns, or economic pressures affecting travel budgets.

The year-to-date figures show a more positive trend, suggesting that July's performance might be an anomaly. However, if this downward trend in Mexico continues, it could significantly impact ASUR's overall performance, given Mexico's importance to its portfolio. Investors should closely monitor future reports to determine if this is a temporary blip or the start of a longer-term shift in travel patterns.

Passenger traffic increased year-on-year by 15.4% in Colombia and 10.5% in Puerto Rico, and declined 11.1% in Mexico

MEXICO CITY, Aug. 5, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V.  (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for July 2024 reached a total of 6.4 million passengers, representing a decrease of 1.7% compared to July 2023.

Passenger traffic presented year-on-year increases of 15.4% in Colombia and 10.5% in Puerto Rico, while Mexico reported an 11.1% decrease. Passenger traffic growth in Colombia was driven by increases of 26.9% in international traffic and a 12.3% in domestic traffic. Puerto Rico reported growth in domestic and international traffic, up 9.5% and 17.4%, respectively. Passenger traffic in Mexico posted decreases of 9.4% and 12.7% in domestic and international traffic, respectively.

All figures in this statement reflect comparisons between the period from July 1 to July 31, 2024 and from July 1 to July 31, 2023. Passengers in transit and general aviation only for Mexico and Colombia.

Passenger Traffic Summary








July

% Chg


Year to date

% Chg

2023

2024


2023

2024

Mexico

3,987,375

3,545,600

(11.1)


25,758,497

25,235,650

(2.0)

Domestic Traffic

1,975,305

1,790,033

(9.4)


12,024,729

11,302,123

(6.0)

International Traffic

2,012,070

1,755,567

(12.7)


13,733,768

13,933,527

1.5

San Juan, Puerto Rico

1,275,216

1,408,958

10.5


7,381,113

8,140,218

10.3

Domestic Traffic

1,113,320

1,218,928

9.5


6,606,075

7,227,852

9.4

International Traffic

161,896

190,030

17.4


775,038

912,366

17.7

Colombia

1,265,600

1,460,549

15.4


8,540,528

9,363,792

9.6

Domestic Traffic

995,418

1,117,757

12.3


6,894,598

7,316,422

6.1

International Traffic

270,182

342,792

26.9


1,645,930

2,047,370

24.4

Total Traffic

6,528,191

6,415,107

(1.7)


41,680,138

42,739,660

2.5

Domestic Traffic

4,084,043

4,126,718

1.0


25,525,402

25,846,397

1.3

International Traffic

2,444,148

2,288,389

(6.4)


16,154,736

16,893,263

4.6

 

Mexico Passenger Traffic








July

% Chg


Year to date

% Chg

2023

2024


2023

2024

Domestic Traffic

1,975,305

1,790,033

(9.4)


12,024,729

11,302,123

(6.0)

CUN

Cancun

1,118,655

940,874

(15.9)


6,721,717

5,805,786

(13.6)

CZM

Cozumel

24,040

19,972

(16.9)


101,967

138,696

36.0

HUX

Huatulco

71,528

70,876

(0.9)


497,825

427,022

(14.2)

MID

Merida

288,074

287,335

(0.3)


1,900,813

1,886,237

(0.8)

MTT

Minatitlan

12,276

14,228

15.9


71,988

80,998

12.5

OAX

Oaxaca

147,588

134,948

(8.6)


811,986

876,234

7.9

TAP

Tapachula

49,506

53,483

8.0


296,648

352,911

19.0

VER

Veracruz

150,024

138,412

(7.7)


874,437

885,446

1.3

VSA

Villahermosa

113,614

129,905

14.3


747,348

848,793

13.6

International Traffic

2,012,070

1,755,567

(12.7)


13,733,768

13,933,527

1.5

CUN

Cancun

1,898,642

1,637,174

(13.8)


12,934,144

13,010,812

0.6

CZM

Cozumel

42,172

32,836

(22.1)


309,773

341,986

10.4

HUX

Huatulco

2,192

2,993

36.5


77,299

102,898

33.1

MID

Merida

28,440

32,253

13.4


197,539

220,849

11.8

MTT

Minatitlan

887

771

(13.1)


4,835

4,165

(13.9)

OAX

Oaxaca

25,173

28,700

14.0


126,805

144,098

13.6

TAP

Tapachula

1,482

1,651

11.4


10,925

8,101

(25.8)

VER

Veracruz

10,044

15,999

59.3


56,375

80,455

42.7

VSA

Villahermosa

3,038

3,190

5.0


16,073

20,163

25.4

Traffic Total Mexico

3,987,375

3,545,600

(11.1)


25,758,497

25,235,650

(2.0)

CUN

Cancun

3,017,297

2,578,048

(14.6)


19,655,861

18,816,598

(4.3)

CZM

Cozumel

66,212

52,808

(20.2)


411,740

480,682

16.7

HUX

Huatulco

73,720

73,869

0.2


575,124

529,920

(7.9)

MID

Merida

316,514

319,588

1.0


2,098,352

2,107,086

0.4

MTT

Minatitlan

13,163

14,999

13.9


76,823

85,163

10.9

OAX

Oaxaca

172,761

163,648

(5.3)


938,791

1,020,332

8.7

TAP

Tapachula

50,988

55,134

8.1


307,573

361,012

17.4

VER

Veracruz

160,068

154,411

(3.5)


930,812

965,901

3.8

VSA

Villahermosa

116,652

133,095

14.1


763,421

868,956

13.8

 

US Passenger Traffic, San Juan Airport (LMM)






July

% Chg


Year to date

% Chg

2023

2024


2023

2024

SJU Total

1,275,216

1,408,958

10.5


7,381,113

8,140,218

10.3

Domestic Traffic

1,113,320

1,218,928

9.5


6,606,075

7,227,852

9.4

International Traffic

161,896

190,030

17.4


775,038

912,366

17.7

 

Colombia Passenger Traffic Airplan







July

% Chg


Year to date

% Chg

2023

2024


2023

2024

Domestic Traffic

995,418

1,117,757

12.3


6,894,598

7,316,422

6.1

MDE

Rionegro

728,744

844,675

15.9


5,137,010

5,452,915

6.1

EOH

Medellin

113,192

104,251

(7.9)


682,134

703,121

3.1

MTR

Monteria

103,118

121,808

18.1


740,937

843,203

13.8

APO

Carepa

16,948

15,036

(11.3)


117,789

102,685

(12.8)

UIB

Quibdo

31,330

28,394

(9.4)


202,645

194,955

(3.8)

CZU

Corozal

2,086

3,593

72.2


14,083

19,543

38.8

International Traffic

270,182

342,792

26.9


1,645,930

2,047,370

24.4

MDE

Rionegro

270,182

342,792

26.9


1,645,930

2,047,370

24.4

EOH

Medellin








MTR

Monteria

-

-



-

-


APO

Carepa

-

-



-

-


UIB

Quibdo

-

-



-

-


CZU

Corozal

-

-



-

-


Traffic Total Colombia

1,265,600

1,460,549

15.4


8,540,528

9,363,792

9.6

MDE

Rionegro

998,926

1,187,467

18.9


6,782,940

7,500,285

10.6

EOH

Medellin

113,192

104,251

(7.9)


682,134

703,121

3.1

MTR

Monteria

103,118

121,808

18.1


740,937

843,203

13.8

APO

Carepa

16,948

15,036

(11.3)


117,789

102,685

(12.8)

UIB

Quibdo

31,330

28,394

(9.4)


202,645

194,955

(3.8)

CZU

Corozal

2,086

3,593

72.2


14,083

19,543

38.8

About ASUR
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin international airport (Rio Negro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first, and currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit www.asur.com.mx.

Cision View original content:https://www.prnewswire.com/news-releases/asur-announces-total-passenger-traffic-for-july-2024-302214726.html

SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.

FAQ

What was ASUR's total passenger traffic for July 2024?

ASUR's total passenger traffic for July 2024 reached 6.4 million passengers, representing a 1.7% decrease compared to July 2023.

How did ASUR's passenger traffic perform in Colombia for July 2024?

ASUR's passenger traffic in Colombia increased by 15.4% year-on-year in July 2024, with domestic traffic up 12.3% and international traffic up 26.9%.

What was the performance of ASUR's Mexican operations in July 2024?

ASUR's Mexican operations reported an 11.1% decrease in passenger traffic for July 2024, with domestic traffic down 9.4% and international traffic down 12.7%.

How did ASUR's Puerto Rico operations perform in July 2024?

ASUR's Puerto Rico operations saw a 10.5% increase in passenger traffic for July 2024, with domestic traffic up 9.5% and international traffic up 17.4%.

What was the year-to-date passenger traffic growth for ASUR as of July 2024?

ASUR reported a 2.5% increase in year-to-date total passenger traffic across all its operations as of July 2024.

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