Equity Analysis /
Mexico

Grupo Aeroportuario Centro Norte: Flash: April’s passengers reached pre-pandemic levels

  • April’s total passengers growth to 39.5% y/y, (100.6% of the April 2019 figures), slightly above our estimates

  • We highlight OMA’s traffic passengers that reached pre-pandemic levels in April due to the solid demand dynamism

  • The solid 1Q22 reported figures and the positive outlook for the group supports our buy recommendation

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
10 May 2022
Published byBanorte

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