Business Editors
MEXICO CITY--(BUSINESS WIRE)--June 5, 2001
Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE: ASR) (BMV: ASUR) (ASUR), the Mexican operator of nine airports in the southeast region of Mexico, today announced details of the impact on the Company's operations
Between 12:00 AM on Friday, June 1, 2001, and midnight on Saturday, June 2, a total of 106 Aeromexico operations to and from ASUR's airports were cancelled. Of these, 53 were inbound flights and 53 outbound flights.
In a statement, the Company indicated that nearly all the outbound passengers scheduled to leave ASUR airports on cancelled Aeromexico flights were able to find seats on other airlines. The Company is unable to estimate the exact impact of the strike on inbound passenger traffic, because figures of Aeromexico's passengers transported by other airlines into ASUR's airports cannot accurately be estimated and some other passengers might have simply postponed traveling.
Aeromexico is one of the main airlines operating at the ASUR airports. In fiscal 2000 and the first quarter of 2001, Aeromexico transported 1.41 million and 316,000 passengers, respectively, representing 12 percent and 10 percent, respectively, of ASUR's total passenger traffic during those periods.
Aeromexico has operations at the airports of Cancun, Cozumel, Merida, Oaxaca, Tapachula, Villahermosa and Veracruz.
About ASUR:
Grupo Aeroportuario del Sureste, S.A. de C.V. (ASUR) is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. The Company is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares.
Some of the statements contained in this press release discuss future expectations or state other "forward-looking" information. Those statements are subject to risks identified in this press release and in ASUR's filings with the SEC. Actual developments could differ significantly from those contemplated in these forward-looking statements. The forward-looking information is based on various factors and was derived using numerous assumptions. Our forward-looking statements speak only as of the date they are made, and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future events or otherwise.