ASUR reports 90% decrease in June passenger traffic

Mexican international airport group Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR) (BMV: ASUR) has announced that total passenger traffic for June 2020 decreased 89.7% when compared to June 2019, the company said.

Passenger traffic decreased 90.4% in Mexico, 75.9% in Puerto Rico and 99.8% in Colombia, impacted by severe downturns in business and leisure travel stemming from the COVID-19 pandemic.

As announced on March 23, 2020, neither Mexico nor Puerto Rico have issued flight restrictions, to date. In Puerto Rico, the FAA has accepted a request from the Governor of Puerto Rico that all flights bound to Puerto Rico land at LMM Airport, which is operated by ASUR´s subsidiary Aerostar, and that all passengers be screened by representatives of the Puerto Rico Health Department. As a result, the LMM airport remains open and operating, albeit with substantially reduced flight and passenger volumes. Mexico and/or the United States may issue flight restrictions similar to those issued in other parts of the world, which would cause a significant further reduction in ASUR´s operations.

In addition, Decree 439, issued by the Government of Colombia on March 20, 2020, suspended all incoming international flights, including connecting flights in Colombia, for 30 days, starting March 23, 2020.

The Colombian Government resumed domestic flights in July, 2020, starting with pilot tests for domestic routes between cities with a low level of contagion.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. operates a portfolio of concessions in 16 airports in the Americas.