ASUR Provides Update on the Master Development Program
02 4월 2009 - 6:00AM
PR Newswire (US)
MEXICO CITY, April 1 /PRNewswire-FirstCall/ -- Grupo Aeroportuario
del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), today
announced that it received approval from the Ministry of
Communications and Transportation for the Master Development
Programs for each of its concessions for the years 2009 through
2023 and the efficiency factor applicable and the maximum tariffs
per work load unit for the years 2009 through 2013. One work load
unit equals one passenger or 100 kg of cargo. Master Development
Programs Expressed in millions of constant pesos as of December 31,
2008 Airport 2009-2013* 2014-2018** 2019-2023** Cancun 2,413.7***
1,207.5**** 793.9 Cozumel 117.6 121.5 89.6 Huatulco 343.4 71.9 48.1
Merida 304.2 125.5 82.5 Minatitlan 59.5 59.8 36.7 Oaxaca 309.4 67.1
85.1 Tapachula 60.1 42.0 20.5 Veracruz 792.8 136.5 170.1
Villahermosa 332.3 257.3 56.1 * Committed investment ** Indicative
investment *** As of December 31, 2008 ASUR has invested Ps.
1,054.8 million (which is included in the investment commitments
for this period shown above) **** As of December 31, 2008 ASUR has
invested Ps. 612.9 million (which is included in the indicative
investment for this period shown above Committed Investments
Expressed in millions of constant pesos as of December 31, 2008
Airport 2009 2010 2011 2012 2013 Cancun 582.0 625.0 424.5 447.6
334.6 Cozumel 17.5 42.1 14.2 33.7 10.2 Huatulco 52.9 151.0 70.4
59.3 9.8 Merida 80.8 128.2 72.8 16.3 6.1 Minatitlan 20.6 24.9 6.6
3.6 3.8 Oaxaca 48.1 139.0 62.0 42.5 17.8 Tapachula 7.6 5.7 4.7 2.5
39.7 Veracruz 48.1 310.1 248.0 119.0 67.6 Villahermosa 45.9 163.6
81.4 6.6 34.8 As of December 31, 2008 ASUR has invested the
following amounts at Cancun airport: Expressed in millions of
constant pesos as of December 31, 2008 Airport 2009 2010 2011 2012
2013 Cancun 211.0 211.0 211.0 211.0 211.0 The Master Development
Plan for Cancun Airport has accounted for these investments and
includes these amounts in the investment commitments for the
periods shown above. The Master Development Plans were approved
before the execution of the project denominated Riviera Maya
Airport, which is included in the National Infrastructure Plan for
2007-2012. Therefore, the Ministry of Communications and
Transportation did not account for any effects related to
operations at the Riviera Maya Airport on projected passenger
traffic levels for Cancun airport. The eventual construction,
administration and operation of the Riviera Maya Airport, and the
beginning of flight operations there, could affect traffic levels
at Cancun airport. Accordingly, within three months as from the
granting of a concession to operate the Riviera Maya Airport, the
Ministry of Communications and Transportation has committed to
modify the Master Development Plan in accordance with the new
passenger traffic level projections, and to adjust the investment
obligations and maximum tariffs that we are authorized to charge.
Maximum Tariffs per Work Load Unit Expressed in constant pesos as
of December 31, 2008 Airport Maximum Tariff Cancun 134.03 Cozumel
185.88 Huatulco 120.71 Merida 125.04 Minatitlan 214.38 Oaxaca
132.76 Tapachula 246.22 Veracruz 112.06 Villahermosa 117.07 The
concession agreements for each airport provide that such airport's
maximum rates will be reduced annually to account for projected
improvements in efficiency. For the five-year period ending
December 31, 2013, the maximum rates applicable to ASUR's airports
will be reduced by an annual efficiency factor of 0.70% in real
terms. The Company is currently evaluating the figures approved by
the Ministry of Communications and Transportation. About ASUR:
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. 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 or otherwise. DATASOURCE:
Grupo Aeroportuario del Sureste, S.A.B. de C.V. CONTACT: Lic.
Adolfo Castro, ASUR, +52-55-5284-0408, ; Susan Borinelli,
+1-646-452-2333, , or Maura Gedid, +1-646-452-2335, , Breakstone
Group
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