Equity Analysis /
Mexico

ASUR: Flash ASUR: September passengers exceeds estimates and pre-pandemic figures

  • In September, Asur's total passengers grew 147.6% y/y, exceeding pre-pandemic levels (+2.6% vs. the same month of 2019)

  • Domestic passengers showed a 119.1% y/y growth, while international passengers increased 252.6% y/y

  • Traffic in Mexico rose 92.7% y/y, accounting for 98.9% of September 2019 passengers, above our expectation of 93.0%

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
6 October 2021
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