Strong Revenue Growth
Total revenues for the quarter increased 19% year-on-year to MXN 7.4 billion, with Colombia leading with a 30% increase, followed by Mexico and Puerto Rico with low teen growth.
Commercial Revenue Expansion
Total commercial revenues grew in the high single digits, with Puerto Rico posting a 26% increase and Colombia delivering a strong 31% year-over-year growth.
Solid EBITDA Performance
Consolidated EBITDA was up 23% year-on-year to over MXN 5 billion, while the adjusted EBITDA margin improved 200 basis points to 69.7%.
Resilient Passenger Traffic in Puerto Rico and Colombia
Passenger traffic in Colombia increased in the mid-teens year-on-year, and Puerto Rico maintained a positive trend with total traffic up nearly 10%.
Robust Balance Sheet
The company closed the quarter with cash and cash equivalents over $1 billion and a debt to last 12 months adjusted EBITDA at a negative 0.3x.