Equity Analysis /
Mexico

ASUR: Flash ASUR: August passengers take a step back vs. pre-pandemic levels

  • Asur's total passengers in August rose 234.5% y/y (95.7% of 2019's figures), although there was a 10.6% m/m decrease

  • Domestic passengers' annual growth was 191.1%, while international passengers rose 377.3%. In Mexico traffic grew 148.3%

  • We expect greater dynamism in demand ahead given the vaccination progress and the recent decrease in the infection rate

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
8 September 2021
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