Monthly Archives: April 2015

Implications of the Grupo Aeroportuario Del Pacifo (PAC-NYSE, $65.46) Acquisition of Sangster International Airport Contract.

The cost of $190.5 million, assuming that 100% is funded via debt, will represent about $12 million per year in interest charges. Donald Sangster Airport is the largest of Jamaica’s airports and the concession will run for a further 18

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Grupo Aeroportuario Del Pacifio (PAC-NYSE, $65.46) Purchases Airport Concession.

PAC announced, for a cost of $190.8 million, the acquisition of a 100% stake in Spanish company Desarrollo de Concesiones Aeroportuarias, S.L. The purchase provides a 74.5% controlling operating interest in the airport concession to manage the Donald Sangster International

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HNA Infrastructure (0357.hk, 8.58HK) reports Q1, 2015 passenger increase of 17%.

HNA Infrastructure, the company managing Haikou International Airport, reported a 17% increase in passenger throughput for the first quarter of 2015. http://www.mlairport.com/autoweb/autoweb/third/mljc_eng_tzzgx762.html The airport’s growth can be attributed to a secular boom in Chinese tourism. http://www.chinadaily.com.cn/regional/2015-03/28/content_19991248.htm

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Investment Implications of Accelerated Passenger Growth for the Three Public Operators in Mexico.

Grupo Aeroportuario Del Sureste (ASR-NYSE, $145.04). 2015 total throughput forecast to grow by more than 12%. Buy for potential share split and inclusion in portfolios by institutional holders. Grupo Aeroportuario Del Centro Norte (OMAB-NASDAQ, $40.76) 2015 total throughput forecast to

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Mexican Airport Operators Post Sharp Increases in March 2015 Passenger Traffic

March 2015 figures are now in for the three publicly traded Mexican Airport manager/operators. Two of the operators reported sharp increases in throughput. Grupo Aeroportuario Del Sureste (ASR-NYSE, $145.260, announced a 12.3% overall increase in passenger volumes through all of

Posted in Portfolio Model Subscription
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