ASUR reports 94% decrease in YoY passenger traffic in Q2 2020

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR) (BMV: ASUR) has announced total passenger traffic decreased 94.0% year over year (YoY), reflecting the impact of the COVID-19 pandemic, the company said.

Declines in operations include:

-94.2% in Mexico, due to declines of 89.8% and 98.5% in domestic and international traffic, respectively
-86.1% in Puerto Rico (Aerostar), down 84.6% in domestic traffic and 98.0% in international traffic
-99.8% in Colombia (Airplan), with domestic and international traffic down 99.9% and 99.4%, respectively

Revenues declined 56.6% YoY to Ps.1,767.0.

Consolidated commercial revenues per passenger reached Ps.353.2, reflecting the sharp decline in passenger traffic.

Consolidated EBITDA declined 98.1% YoY to Ps.51.2 million. Excluding non-recurring insurance recoveries related to Hurricane Maria of Ps.35.2 million in 2Q20 and Ps.162.6 million in 2Q19.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is an international airport group with operations in Mexico, the US, and Colombia, with a portfolio of concessions to operate, maintain, and develop 16 airports in the Americas.