When completed, the new terminal 4 will be capable of handling an additional 9 million passengers per annum, bringing the total annual capacity of the Cancun International Airport to over 30 million persons per annum. Significant new retail space will be added.
https://www.riviera-maya-news.com/cancuns-new-terminal-4-expected-to-open-by-end-of-year/2017.html
I estimate EBITDA accretion for terminal 4, at rated capacity, to potentially be in the range of 2.1 billion MX pesos per annum.
The policy of the global portfolio is to own businesses with high EBITDA margins featuring monopoly type, duopoly type or oligopolistic type competition characteristics. Should such a business also demonstrate the ability to improve EBITDA through a significant expansion or an EBITDA enhancing acquisition, well, that represents icing on the cake.
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