ASUR Announces Total Passenger Traffic for October 2024
Portfolio Pulse from
Grupo Aeroportuario del Sureste (ASUR) reported a 2.4% decrease in total passenger traffic for October 2024 compared to the previous year. While Colombia saw a 20.8% increase and Puerto Rico a 1.8% increase, Mexico experienced an 11.7% decrease.
November 05, 2024 | 9:45 pm
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NEGATIVE IMPACT
ASUR reported a 2.4% decrease in total passenger traffic for October 2024. The decline was driven by an 11.7% decrease in Mexico, despite increases in Colombia and Puerto Rico.
The overall decrease in passenger traffic, particularly the significant drop in Mexico, is likely to negatively impact ASUR's short-term stock price. The growth in Colombia and Puerto Rico is positive but not enough to offset the decline in Mexico.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100