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      ASUR Announces Approval of its 2024-2028 Investment Plan Totaling Ps.28.5 billion Expressed in Currency as of December 2022


      News provided by

      Grupo Aeroportuario del Sureste, S.A.B. de C.V.

      Dec 13, 2023, 16:30 ET

      Share this article

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      MEXICO CITY, Dec. 13, 2023 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) ("ASUR" or the "Company"), a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that it has received approval from the Mexican Department of Infrastructure, Communications and Transportation for the Master Development Programs for each of its Mexican concessions for the years 2024 through 2028, including approval for the maximum tariffs per workload unit applicable for the years 2024 through 2028 and the corresponding efficiency factor. One workload unit is equivalent to one passenger or 100 kilograms of cargo.

      Master Development Programs - Investment Program

      Figures expressed in millions of constant pesos as of December 31, 2022


      Committed
      Investments

      Indicative
      Investments 1

      Indicative
      Investments 1

      Airport

      2024-2028

      2029-2033

      2034-2038

      Cancún

      21,477

      4,351

      5,844

      Cozumel

      709

      281

      373

      Huatulco

      815

      245

      356

      Mérida

      1,900

      787

      782

      Minatitlán

      231

      125

      114

      Oaxaca

      2,121

      207

      407

      Tapachula

      235

      215

      153

      Veracruz

      431

      613

      522

      Villahermosa

      577

      296

      281

      TOTAL

      28,496

      7,120

      8,832

      1 Indicative Investments (non-binding at this time)

      Committed Investments 2024-2028

      Figures expressed in millions of constant pesos as of December 31, 2022

      Airport

      2024

      2025

      2026

      2027

      2028

      Cancún

      2,624

      4,493

      5,500

      3,861

      4,999

      Cozumel

      122

      333

      168

      30

      56

      Huatulco

      102

      202

      86

      120

      305

      Mérida

      210

      182

      150

      530

      828

      Minatitlán

      77

      74

      40

      15

      25

      Oaxaca

      192

      544

      776

      431

      178

      Tapachula

      37

      94

      39

      17

      48

      Veracruz

      119

      148

      66

      24

      74

      Villahermosa

      92

      162

      261

      25

      37

      TOTAL

      3,575

      6,232

      7,086

      5,053

      6,550

      Maximum Tariffs per Workload Unit

      Figures expressed in constant pesos as of December 31, 2022

      Airport

      Maximum Tariff 2

      Cancún

      332.41

      Cozumel

      426.36

      Huatulco

      456.71

      Mérida

      283.23

      Minatitlán

      502.34

      Oaxaca

      335.13

      Tapachula

      276.61

      Veracruz

      266.28

      Villahermosa

      299.29

      2 Maximum tariffs applicable in year 2024, includes efficiency factor of 0.80%.

      The concession agreements for each airport provide that the maximum tariff for such airport must be reduced on an annual basis to account for projected improvements in efficiency. For the five-year period ending December 31, 2028, the maximum tariffs applicable to ASUR's airports will be reduced by an annual efficiency factor of 0.80% in real terms.

      About ASUR:
      Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico—including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America—and six airports in northern Colombia—including Medellin international airport (Rionegro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first, and is currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR 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. ASUR is one of the top four emerging market companies in the transportation and transportation infrastructure sector included in the Dow Jones Sustainability Emerging Markets Index (DJSI EM). For more information, visit www.asur.com.mx 

      SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.

      Modal title

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