Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), (ASUR) the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, today announced the inauguration of the second runway of Cancun Airport, which doubles the airport’s capacity to approximately 28 million passengers per annum. The increased capacity level is expected to meet forecasted demand for the next several decades.
The second runway, parallel to the existing one, allows for simultaneous takeoffs and landings, thereby increasing operating capacity to more than 80 takeoffs or landings per hour. Cancun Airport is the first airport in Mexico with two runways that can be used at the same time.
The project, which represented a total investment of approximately US$67 million, also included a new control tower, the tallest in Latin America, and one of the top 20 tallest control towers worldwide.
With this project, ASUR expects to contribute to economic development in the region and to maintain Cancun’s position at the forefront of airport services in Mexico and Latin America.