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Grupo Aeroportuario del Sureste

#1959

Rank

$8.12B

Marketcap

MX Mexico

Country

Grupo Aeroportuario del Sureste
Leadership team

Mr. Fernando Gerardo Chico Pardo (Pres & Chairman)

Mr. Adolfo Castro Rivas (CEO, Director of Fin. and Chief Financial & Strategic Planning Officer)

Mr. Claudio Góngora Morales (Chief Legal Counsel)

Products/ Services
Aerospace, Infrastructure
Number of Employees
1,000 - 20,000
Headquarters
Mexico City, Distrito Federal, Mexico
Established
1998
Company Registration
SEC CIK number: 0001123452
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
ASR
Social Media
Overview
Location
Summary
Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. It provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services. The company also offers non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, airlines, and other commercial tenants; catering, handling, and ground transportation services. In addition, it operates the Luis Muñoz Marín International Airport in San Juan, Puerto Rico; and holds concessions to operate the various airports in Colombia, including the Enrique Olaya Herrera Airport in Medellín and José María Córdova International Airport in Rionegro, the Los Garzones Airport in Montería, the Antonio Roldán Betancourt Airport in Carepa, the El Caraño Airport in Quibdó, and the Las Brujas Airport in Corozal. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.
History

ASUR was created in 1996 as the Mexican government started the privatisation of the country airport network. In 2000, ASUR launched its IPO on the NYSE and the Mexican Stock Exchange, making 74.9% of the capital public. In 2004, Fernando Chico Pardo becomes the main shareholder of the company. In 2005, the government privatized its remaining 11.1% shares it owned in ASUR, making the company 100% privately held.In 2008, ASUR reached 17.8 million yearly passengers. In 2012, 19.3 million passengers travelled through ASUR's airports. In 2013, 21 million passengers were recorded in ASUR's airports.In November 2011, ASUR agreed to sell 49% of its shares of Inversiones y Tecnicas Aeroportuarias to the transport company ADO.In July 2012, in a 50/50 joint-venture with Highstar Capital, ASUR won the bid to operate the Luis Muñoz Marín International Airport for a 40-year term.In December 2015, ASUR signed a deal with SunPower to purchase 36 megawatts of solar energy to power its network of airports and comply with its objective to reduce carbon emissions.In March 2016, amid a financial crisis of domestic competitor OMA , ASUR considered acquiring the airport operator.

Mission
Grupo Aeroportuario del Sureste is committed to make a better life for everyone trough the highest quality service.
Vision
Grupo Aeroportuario del Sureste aims to become the highest quality airport operator in Latin America, supporting domestic and international travel, cargo, leisure and related economical development.
Key Team

Mr. Alejandro Pantoja López (Chief Infrastructure & Compliance Officer)

Mr. Manuel Gutiérrez Sola (Chief Commercial Officer)

Recognition and Awards
Grupo Aeroportuario del Sureste has been awarded 8 times by Skytrax as the Best Regional Airport Group in 2014, 2015, 2016 and 2018 for Central America, Mexico and the Caribbean.
References
Grupo Aeroportuario del Sureste
Leadership team

Mr. Fernando Gerardo Chico Pardo (Pres & Chairman)

Mr. Adolfo Castro Rivas (CEO, Director of Fin. and Chief Financial & Strategic Planning Officer)

Mr. Claudio Góngora Morales (Chief Legal Counsel)

Products/ Services
Aerospace, Infrastructure
Number of Employees
1,000 - 20,000
Headquarters
Mexico City, Distrito Federal, Mexico
Established
1998
Company Registration
SEC CIK number: 0001123452
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
ASR
Social Media