These are the airport companies that collapsed on the stock market after rate restructuring

After the Federal Civil Aviation Agency (AFAC) announced this Thursday, and without prior notice, that will modify the regulatory bases of the Airport Use Fee (TUA), the three airport groups that are listed on the Mexican Stock Exchange (BMV) suffered falls in their shares and together they lost more than 66,320 million pesos.

They are the Grupo Aeroportuario del Sureste (Asur), Pacific Airport Group (GAP) and North Central Airport Group (OMA), who charge airlines and suppliers for services that include the use of runways and space leasing.

According to the economist and journalist Dario Celis, with this measure the president’s government Andrés Manuel López Obrador seeks to lower the price of said quota to benefit passengersbut affecting airport income, in addition to causing uncertainty among investors for “sudden changes in the rules.”

For this reason, the companies are waiting to meet with the head of the Ministry of Infrastructure, Communications and Transportation (SCT) to understand the real impact of the measure on your operations.

But who are among the owners of these airport groups?

It is the operator of nine airports located in the south of the country and among them are those of tourist destinations such as Cancun and Cozumel, in Quintana Roo; as well as the city of Oaxaca or Huatulco, in Oaxaca. In addition, it has operations in the complex of San Juan, in Puerto Ricoand operates six airports in Colombia.

Its general director since 2011 is Adolfo Castro Rivaswho has a degree in Public Accounting from the Autonomous Technological Institute of Mexico (ITAM).

According to the portal The financialits shareholders are:

– Northeast Investments (21.61 percent)

– Fernando Chico Pardo (21.02%)

-BlackRock (3.23%)

– Vanguard Group (3.02%)

– Standard Life Aberdeen PLC (1.79%)

– Norges Bank (1.70%)

– Promoter and Promoter. Blackrock (1.38%)

-Russell Investments Group LTD (0.83%)

– First State Investments ICVC (0.73%)

– Nordea Bank ABP (0.66%)

-Mitsubishi UFJ Financial Group (0.62%)

– Border to Coast Pensions PARTN (0.57%)

Officially formed in May 1998, it operates 12 terminals airlines in Mexico, among which are those of Guadalajara and Puerto Vallartain Jalisco; Tijuana, Baja California. It also has a presence in the Kingston and Montego Bay complexes, in Jamaica.

The general director since 2018 is Raúl Revuelta Musalemgraduated in Economics from the Technological Institute of Higher Studies of Monterrey (ITESM).

According to the same source, he has a group of 50 shareholdersamong which stand out:

– Capital Group Companies Inc (5.81%)

-Weston Hill Equity HLDS (5.46%)

– Mexican Pacific Airports (4.27%)

-BlackRock (4.42%)

– Vanguard Group (3.5%)

– Infrastructure and Transportation Mex (3.48%)

– FMR LLC (2.63%)

– Promoter and Promoter Blacrock (1.89%)

– FIL LIMITED (1.48%)

-JPMorgan Chase (1.02%)

The company only has a national presence, with the administration and operation of 13 airports in the Central and Northern region of the Mexican Republic, the most important of which is Monterrey.

Among its main shareholders are:

Aerodome Infrastructure SARL (17.20 percent)

FMR LLC (4.87 percent)

Norges Bank (4.11 percent)

Capital Group (3.86 percent)

Vanguard Group (3.24 percent)

Airport Technology Services (2.21 percent)

BlackRock (1.93 percent)

Promoter and Promoter Blacrock (1.70 percent)

Grandeur Peak Global (1.08 percent)