ASUR Announces Total Passenger Traffic for June 2024
Grupo Aeroportuario del Sureste (NYSE: ASR; BMV: ASUR) announced June 2024 passenger traffic data. The total passenger traffic reached 6.1 million, a 3.8% increase from June 2023. Year-on-year, Colombia saw a 24.5% rise, Puerto Rico an 11.6% rise, but Mexico experienced a 5.5% decline. In Colombia, international traffic spiked by 33.1%, and domestic traffic rose by 22.3%. Puerto Rico's growth was fueled by a 10.9% increase in domestic and a 16.1% rise in international traffic. However, Mexico's domestic traffic fell by 5.7%, and international traffic decreased by 5.2%. Year-to-date, Mexico's passenger traffic slightly decreased by 0.4%, while Colombia and Puerto Rico showed year-to-date growth of 8.6% and 10.2%, respectively.
- Total passenger traffic rose by 3.8% year-on-year to 6.1 million in June 2024.
- Colombia's passenger traffic surged by 24.5%, supported by a 33.1% increase in international and 22.3% in domestic traffic.
- Puerto Rico's passenger traffic grew by 11.6%, with domestic and international traffic up by 10.9% and 16.1%, respectively.
- Mexico's passenger traffic declined by 5.5% in June 2024.
- Domestic traffic in Mexico fell by 5.7%, and international traffic decreased by 5.2%.
- Year-to-date traffic in Mexico slightly decreased by 0.4%.
The latest passenger traffic data from ASUR shows a mixed performance across different geographies. On one hand, there is significant growth in Colombian and Puerto Rican markets, with a year-on-year increase of
However, the decline in Mexico's traffic by
Overall, the geographic disparity could lead to uneven revenue growth, with strong performance in some regions compensating for declines in others. Retail investors should be aware of these region-specific trends and their potential impact on ASUR's overall financial performance.
From a financial perspective, ASUR's 3.8% overall increase in passenger traffic is a positive indicator, albeit with mixed signals from its different markets. Colombia's strong recovery, marked by
The decline in Mexico, however, could hurt short-term revenues, particularly given the country's significant contribution to ASUR's portfolio. The 5.5% drop in Mexican passenger traffic could signal economic headwinds or reduced travel demand, impacting revenue from landing fees and passenger charges. Cancun's
For retail investors, it's important to monitor how these dynamics influence ASUR's upcoming quarterly earnings. While the boost in other regions is promising, the slump in Mexico necessitates a cautious outlook. Consistent growth and recovery in international traffic are essential for long-term financial stability.
Passenger traffic increased year-on-year by
Passenger traffic presented year-on-year increases of
All figures in this statement reflect comparisons between the period from June 1 to June 30, 2024 and from June 1 to June 30, 2023. Passengers in transit and general aviation only for
Passenger Traffic Summary | |||||||
June | % Chg | Year to date | % Chg | ||||
2023 | 2024 | 2023 | 2024 | ||||
3,550,943 | 3,357,243 | (5.5) | 21,771,122 | 21,690,050 | (0.4) | ||
Domestic Traffic | 1,738,476 | 1,639,792 | (5.7) | 10,049,424 | 9,512,090 | (5.3) | |
International Traffic | 1,812,467 | 1,717,451 | (5.2) | 11,721,698 | 12,177,960 | 3.9 | |
1,163,331 | 1,297,862 | 11.6 | 6,105,897 | 6,731,260 | 10.2 | ||
Domestic Traffic | 1,021,934 | 1,133,730 | 10.9 | 5,492,755 | 6,008,924 | 9.4 | |
International Traffic | 141,397 | 164,132 | 16.1 | 613,142 | 722,336 | 17.8 | |
1,164,149 | 1,448,982 | 24.5 | 7,274,928 | 7,903,243 | 8.6 | ||
Domestic Traffic | 930,903 | 1,138,556 | 22.3 | 5,899,180 | 6,198,665 | 5.1 | |
International Traffic | 233,246 | 310,426 | 33.1 | 1,375,748 | 1,704,578 | 23.9 | |
Total Traffic | 5,878,423 | 6,104,087 | 3.8 | 35,151,947 | 36,324,553 | 3.3 | |
Domestic Traffic | 3,691,313 | 3,912,078 | 6.0 | 21,441,359 | 21,719,679 | 1.3 | |
International Traffic | 2,187,110 | 2,192,009 | 0.2 | 13,710,588 | 14,604,874 | 6.5 |
Mexico Passenger Traffic | ||||||||
June | % Chg | Year to date | % Chg | |||||
2023 | 2024 | 2023 | 2024 | |||||
Domestic Traffic | 1,738,476 | 1,639,792 | (5.7) | 10,049,424 | 9,512,090 | (5.3) | ||
CUN | 984,167 | 870,730 | (11.5) | 5,603,062 | 4,864,912 | (13.2) | ||
CZM | 16,986 | 20,142 | 18.6 | 77,927 | 118,724 | 52.4 | ||
HUX | 67,073 | 60,673 | (9.5) | 426,297 | 356,146 | (16.5) | ||
MID | 256,635 | 269,315 | 4.9 | 1,612,739 | 1,598,902 | (0.9) | ||
MTT | 12,049 | 12,912 | 7.2 | 59,712 | 66,770 | 11.8 | ||
OAX | 111,853 | 117,346 | 4.9 | 664,398 | 741,286 | 11.6 | ||
TAP | 41,525 | 47,160 | 13.6 | 247,142 | 299,428 | 21.2 | ||
VER | 134,691 | 127,038 | (5.7) | 724,413 | 747,034 | 3.1 | ||
VSA | Villahermosa | 113,497 | 114,476 | 0.9 | 633,734 | 718,888 | 13.4 | |
International Traffic | 1,812,467 | 1,717,451 | (5.2) | 11,721,698 | 12,177,960 | 3.9 | ||
CUN | 1,717,484 | 1,606,132 | (6.5) | 11,035,502 | 11,373,638 | 3.1 | ||
CZM | 38,859 | 37,157 | (4.4) | 267,601 | 309,150 | 15.5 | ||
HUX | 2,243 | 2,660 | 18.6 | 75,107 | 99,905 | 33.0 | ||
MID | 24,942 | 31,427 | 26.0 | 169,099 | 188,596 | 11.5 | ||
MTT | 638 | 685 | 7.4 | 3,948 | 3,394 | (14.0) | ||
OAX | 16,572 | 22,764 | 37.4 | 101,632 | 115,398 | 13.5 | ||
TAP | 1,378 | 1,069 | (22.4) | 9,443 | 6,450 | (31.7) | ||
VER | 8,154 | 13,061 | 60.2 | 46,331 | 64,456 | 39.1 | ||
VSA | Villahermosa | 2,197 | 2,496 | 13.6 | 13,035 | 16,973 | 30.2 | |
Traffic Total Mexico | 3,550,943 | 3,357,243 | (5.5) | 21,771,122 | 21,690,050 | (0.4) | ||
CUN | 2,701,651 | 2,476,862 | (8.3) | 16,638,564 | 16,238,550 | (2.4) | ||
CZM | 55,845 | 57,299 | 2.6 | 345,528 | 427,874 | 23.8 | ||
HUX | 69,316 | 63,333 | (8.6) | 501,404 | 456,051 | (9.0) | ||
MID | 281,577 | 300,742 | 6.8 | 1,781,838 | 1,787,498 | 0.3 | ||
MTT | 12,687 | 13,597 | 7.2 | 63,660 | 70,164 | 10.2 | ||
OAX | 128,425 | 140,110 | 9.1 | 766,030 | 856,684 | 11.8 | ||
TAP | 42,903 | 48,229 | 12.4 | 256,585 | 305,878 | 19.2 | ||
VER | 142,845 | 140,099 | (1.9) | 770,744 | 811,490 | 5.3 | ||
VSA | Villahermosa | 115,694 | 116,972 | 1.1 | 646,769 | 735,861 | 13.8 |
US Passenger Traffic, San Juan Airport (LMM) | |||||||
June | % Chg | Year to date | % Chg | ||||
2023 | 2024 | 2023 | 2024 | ||||
SJU Total | 1,163,331 | 1,297,862 | 11.6 | 6,105,897 | 6,731,260 | 10.2 | |
Domestic Traffic | 1,021,934 | 1,133,730 | 10.9 | 5,492,755 | 6,008,924 | 9.4 | |
International Traffic | 141,397 | 164,132 | 16.1 | 613,142 | 722,336 | 17.8 |
Colombia Passenger Traffic Airplan | ||||||||
June | % Chg | Year to date | % Chg | |||||
2023 | 2024 | 2023 | 2024 | |||||
Domestic Traffic | 930,903 | 1,138,556 | 22.3 | 5,899,180 | 6,198,665 | 5.1 | ||
MDE | Rionegro | 680,518 | 869,419 | 27.8 | 4,408,266 | 4,608,240 | 4.5 | |
EOH | 103,276 | 96,402 | (6.7) | 568,942 | 598,870 | 5.3 | ||
MTR | Monteria | 94,926 | 125,222 | 31.9 | 637,819 | 721,395 | 13.1 | |
Carepa | 17,666 | 14,555 | (17.6) | 100,841 | 87,649 | (13.1) | ||
UIB | Quibdo | 32,630 | 30,076 | (7.8) | 171,315 | 166,561 | (2.8) | |
CZU | Corozal | 1,887 | 2,882 | 52.7 | 11,997 | 15,950 | 32.9 | |
International Traffic | 233,246 | 310,426 | 33.1 | 1,375,748 | 1,704,578 | 23.9 | ||
MDE | Rionegro | 233,246 | 310,426 | 33.1 | 1,375,748 | 1,704,578 | 23.9 | |
EOH | ||||||||
MTR | Monteria | - | - | - | - | |||
Carepa | - | - | - | - | ||||
UIB | Quibdo | - | - | - | - | |||
CZU | Corozal | - | - | - | - | |||
Traffic Total Colombia | 1,164,149 | 1,448,982 | 24.5 | 7,274,928 | 7,903,243 | 8.6 | ||
MDE | Rionegro | 913,764 | 1,179,845 | 29.1 | 5,784,014 | 6,312,818 | 9.1 | |
EOH | 103,276 | 96,402 | (6.7) | 568,942 | 598,870 | 5.3 | ||
MTR | Monteria | 94,926 | 125,222 | 31.9 | 637,819 | 721,395 | 13.1 | |
Carepa | 17,666 | 14,555 | (17.6) | 100,841 | 87,649 | (13.1) | ||
UIB | Quibdo | 32,630 | 30,076 | (7.8) | 171,315 | 166,561 | (2.8) | |
CZU | Corozal | 1,887 | 2,882 | 52.7 | 11,997 | 15,950 | 32.9 |
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
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SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.
FAQ
What is the total passenger traffic for ASUR in June 2024?
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