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OMA reports a 93.5% decrease in May 2020 passenger traffic

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Grupo Aeroportuario del Centro Norte (OMA) reported a dramatic 93.5% decrease in terminal passenger traffic in May 2020 compared to May 2019. Domestic traffic fell by 93.1%, while international traffic saw a 96.4% decline. Notably, OMA's total passengers dropped from 1,926,746 to 139,386, a 92.8% reduction. This decline is attributed to COVID-19 measures and reduced airline capacity, with 95.4% of traffic being commercial. The company continues to face challenges due to low travel demand.

Positive
  • OMA operates 13 international airports, serving key regions in Mexico.
  • 95.4% of total passenger traffic was commercial, indicating a focus on core operations.
Negative
  • Passenger traffic decreased by 93.5% in May 2020 compared to May 2019.
  • Domestic traffic decreased by 93.1%, and international traffic declined by 96.4%.
  • The overall decline in passengers is attributed to the COVID-19 pandemic and reduced airline offerings.

MEXICO CITY, June 05, 2020 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), reports that terminal passenger traffic at its 13 airports decreased 93.5% in May 2020, as compared to May 2019. Domestic traffic decreased 93.1%, and international traffic decreased 96.4%.

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Total Passengers*
 Apr-2019Apr-2020Change %Jan-Apr
2019
Jan-Apr
2020
Change %
Domestic1,701,109132,284(92.2)6,070,6454,295,735(29.2)
International225,6377,102(96.9)969,602707,864(27.0)
OMA Total1,926,746139,386(92.8)7,040,2475,003,599(28.9)
* Terminal passengers: includes passengers on the three types of aviation (commercial, charter, and general aviation), and excludes passengers in transit.

Of total passenger traffic, 95.4% was commercial, and 4.6% was general aviation.

The decrease in the number of passengers is mainly the result of the measures implemented by the health emergency caused by COVID-19 virus, both in Mexico and in the main international destinations of OMA airports, as well as the significant reduction in seats offered by the airlines that operate in our airports and the lower demand for travel.

This report may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “target,” “estimate,” or similar expressions. While OMA's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption “Risk Factors.” OMA undertakes no obligation to update publicly its forward-looking statements, whether as a result of new information, future events, or otherwise.                            
                                
About OMA
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, operates 13 international airports in nine states of central and northern Mexico. OMA’s airports serve Monterrey, Mexico’s third largest metropolitan area, the tourist destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other regional centers and border cities. OMA also operates the NH Collection Hotel inside Terminal 2 of the Mexico City airport and the Hilton Garden Inn at the Monterrey airport. OMA employs over 1,000 persons in order to offer passengers and clients airport and commercial services in facilities that comply with all applicable international safety, security, and ISO 9001:2008 environmental standards.  OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). For more information, visit:

CONTACT:

Chief Financial Officer
Ruffo Pérez Pliego
+52 (81) 8625 4300
rperezpliego@oma.aero 

Investor Relations: 
Emmanuel Camacho 
+52 (81) 8625 4308
ecamacho@oma.aero 


FAQ

What is the current passenger traffic status for OMA?

OMA experienced a 93.5% decrease in terminal passenger traffic in May 2020 compared to May 2019.

How did domestic and international traffic perform for OMA in May 2020?

Domestic traffic dropped by 93.1% and international traffic fell by 96.4% in May 2020.

What were the total passenger numbers for OMA in May 2020?

OMA's total passenger traffic fell to 139,386 in May 2020, down from 1,926,746 in May 2019.

What factors contributed to the decline in OMA's passenger traffic?

The decline is primarily due to COVID-19 measures and a significant reduction in airline capacity.

Grupo Aeroportuario del Centro Norte S.A.B. de C.V

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