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Key takeaways from the call:
ASUR (BMV:ASURB) is currently adjusting its MDP document to comply with the new regulations and is still evaluating the full impact of the concession fee increase. The company expects the Pratt & Whitney engine issue to have some impact on traffic next year, particularly for Volaris.
In response to questions about the duration of Puerto Rico’s growth and the potential impact of the Tulum Airport on charter traffic and the joint maximum tariff, Castro noted that these factors are uncertain and will depend on various market dynamics.
During the call, Castro also discussed the potential impact of the Mexican strong peso on commercial revenue, particularly in duty-free and activities related to foreign visitors. He noted a decrease in international travel to and from Europe and South America, offset by a slight increase in traffic to and from the US and Canada.
Regarding the new regulatory document, Castro stated that it is enforceable and will be applied before the end of the year. He also clarified that they are not in talks with the government about extending the concession, and they are currently in the middle of the original 50-year term.
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