ASUR Announces Disqualification of Aerostar from LGA Bidding Process
MEXICO CITY, March 12, 2014 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico, today announced that the Aerostar consortium, which had previously been participating in the bidding process to construct and operate a new Central Terminal Building at LaGuardia Airport in New York City, has been disqualified by the Port Authority of New York and New Jersey. ASUR is a 50% equity member in the Aerostar consortium. As a result of the disqualification, the Aerostar consortium is no longer participating in the bidding process.
Grupo Aeroportuario del Sureste, S.A.B. 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. ASUR is a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico. 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.
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.