Asur reports October total passenger traffic down 0.4% y/y

Asur announced that passenger traffic for October 2023 reached a total of 5.4M passengers, representing a decrease of 0.4% compared to October 2022. Passenger traffic increased year-on-year by 4.1% in Mexico and 16.8% in Puerto Rico 16.8%, while traffic in Colombia declined 18.8%. Passenger traffic growth in Mexico and Puerto Rico was mainly driven by domestic traffic of 8.6% and 14.5%, respectively, while international traffic increased 40.0% in Puerto Rico and declined 1.2% in Mexico. Passenger traffic in Colombia was negatively affected by the suspension of operations of two local airlines since the beginning of 2023.