Equity Analysis /
Mexico

Grupo Aeroportuario Centro Norte: Flash OMA: Passenger growth accelerates in May

  • Oma’s May total passengers showed a 1,080.4% y/y hike, equivalent to 77.2% of the same month of 2019 above our ~74.0%e

  • The 11.3% m/m increase was mainly due to an easier comparative base, coupled with a more favorable demand performance

  • We confirm our positive outlook for Oma for the year and remain attentive to the evolution of the ongoing takeover bid

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
7 June 2021
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