ASUR Reveals Q4 2024 Financial Results: A Detailed Look at Their Performance

ASUR’s Airport Traffic Report for the Year Ended December 31, 2024

Mexico City, Mexico, February 24, 2025 – ASUR, a leading international airport group with operations in Mexico, the U.S., and Colombia, has recently released its traffic results for the three-month and twelve-month periods ended December 31, 2024. Here’s a detailed analysis of the data:

Overall Traffic Trends

ASUR reported a slight decline of 0.3% in total passenger traffic for the twelve-month period, with approximately 115.9 million passengers passing through its airports. This decrease can be attributed to various factors, including the ongoing recovery from the COVID-19 pandemic and geopolitical tensions in some regions.

Regional Performance

Despite the overall decline, some regions showed significant growth. In Colombia, passenger traffic increased by 14.1%, with around 14.6 million passengers. This surge can be linked to the country’s improved economic conditions and increasing tourism industry.

Puerto Rico also experienced a notable increase of 9.6% in passenger traffic, with about 3.6 million passengers. This rise can be attributed to the island’s growing popularity as a tourist destination and the resilience of its economy.

Mexico’s Decline

On the other hand, Mexico faced a significant decline of 8.0% in passenger traffic, with approximately 47.5 million passengers. This decrease can be linked to various factors, including geopolitical tensions, economic instability, and the lingering effects of the pandemic.

Impact on Travelers

The declining traffic in Mexico might lead to fewer flight options, potentially resulting in higher prices for travelers. However, the growth in Colombia and Puerto Rico could lead to more competition among airlines, resulting in lower prices for passengers.

Impact on the World

The decline in Mexico’s passenger traffic might have a ripple effect on the global aviation industry. Mexico is a significant player in the industry, with numerous international connections. A decrease in traffic could lead to reduced capacity and potential job losses in the aviation sector.

Conclusion

ASUR’s traffic report for the year ended December 31, 2024, provides valuable insights into the current state of the aviation industry. While some regions, such as Colombia and Puerto Rico, experienced growth, others, like Mexico, faced declines. These trends could have significant implications for travelers and the global aviation industry as a whole.

  • Declining passenger traffic in Mexico could result in fewer flight options and potentially higher prices for travelers.
  • Growth in Colombia and Puerto Rico could lead to more competition among airlines, resulting in lower prices for passengers.
  • The decline in Mexico’s passenger traffic could have a ripple effect on the global aviation industry, potentially leading to reduced capacity and job losses.

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