Asur reports February passenger traffic down 2.6% y/y

Asur (ASR) announced that passenger traffic for February 2024 reached a total of 5.6M passengers, representing a decrease of 2.6% compared to February 2023. Passenger traffic presented year-over-year increases of 8.6% in Puerto Rico and 3.3% in Colombia, while traffic in Mexico declined 7.5%. Performance in Puerto Rico was driven by increases of 19.2% in international traffic and 7.5% in domestic traffic, while Colombia reported increases of 11.3% in international traffic and 1.1% in domestic traffic. In Mexico, international and domestic passenger traffic declined 10.6% and 2.9%, respectively.