MEXICO CITY, Jan. 3, 2014 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR) the first privatized airport group in Mexico and operator of Cancun Airport and eight others in the southeast of Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico, today announced that it received approval from the Ministry of Communications and Transportation for the Master Development Programs for each of its Mexican concessions for the years 2014 through 2028 and the efficiency factor applicable and the maximum tariffs per work load unit for the years 2014 through 2018. One work load unit equals one passenger or 100 kg of cargo.
Master Development Programs Expressed in millions of constant pesos as of December 31, 2012
|
Airport |
2014-2018* |
2019-2023** |
2024-2028** |
|
Cancun |
5,565.6*** |
1,452.8 |
1,345.5 |
|
Cozumel |
174.8 |
61.4 |
129.0 |
|
Huatulco |
128.8 |
145.6 |
94.2 |
|
Merida |
379.4 |
158.8 |
104.4 |
|
Minatitlan |
82.0 |
30.2 |
64.7 |
|
Oaxaca |
93.8 |
105.3 |
84.8 |
|
Tapachula |
54.1 |
36.5 |
61.3 |
|
Veracruz |
394.1 |
110.8 |
128.7 |
|
Villahermosa |
153.2 |
103.0 |
133.0 |
|
* |
Committed investment |
|
** |
Indicative investment (not binding) |
|
*** |
As of December 31, 2013 ASUR has invested Ps.698.2 million (which is included in the investment commitments for this period shown above) |
Committed Investments Expressed in millions of constant pesos as of December 31, 2012
|
Airport |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Cancun |
800.9 |
2,259.9 |
1,421.8 |
865.7 |
217.2 |
|
Cozumel |
24.8 |
60.8 |
22.0 |
61.4 |
5.9 |
|
Huatulco |
54.2 |
54.7 |
5.9 |
7.5 |
6.4 |
|
Merida |
65.6 |
181.7 |
89.5 |
38.8 |
3.9 |
|
Minatitlan |
41.3 |
24.4 |
10.3 |
1.9 |
4.1 |
|
Oaxaca |
9.1 |
28.7 |
37.0 |
13.3 |
5.8 |
|
Tapachula |
14.3 |
25.3 |
2.3 |
4.3 |
7.8 |
|
Veracruz |
197.6 |
177.4 |
7.7 |
6.1 |
5.3 |
|
Villahermosa |
35.4 |
49.1 |
51.5 |
5.6 |
11.7 |
As of December 31, 2013 ASUR has invested the following amounts at Cancun airport:
Expressed in millions of constant pesos as of December 31, 2012
|
Airport |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Cancun |
139.6 |
139.6 |
139.6 |
139.6 |
139.6 |
The Master Development Plan for Cancun Airport has accounted for these investments and includes these amounts in the investment commitments for the periods shown above.
Maximum Tariffs per Work Load Unit Expressed in constant pesos as of December 31, 2012
|
Airport |
Maximum Tariff * |
|
Cancun |
142.48 |
|
Cozumel |
175.89 |
|
Huatulco |
166.56 |
|
Merida |
146.57 |
|
Minatitlan |
183.92 |
|
Oaxaca |
173.15 |
|
Tapachula |
171.77 |
|
Veracruz |
140.38 |
|
Villahermosa |
133.05 |
|
* |
Maximum Tariff includes the 0.70% efficiency factor applicable for 2014. |
The concession agreements for each airport provide that such airport's maximum rates will be reduced annually to account for projected improvements in efficiency. For the five-year period ending December 31, 2018, the maximum rates applicable to ASUR's airports will be reduced by an annual efficiency factor of 0.70% in real terms.
About ASUR: Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport of Puerto Rico. The Company is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares.
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.
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