Grupo Aeroportuario del Sureste SAB CV Keeps Growing Despite Maria’s Impact

Grupo Aeroportuario del Sureste SAB CV Keeps Growing Despite Maria’s Impact

Hurricane Maria slammed into Puerto Rico in late September causing widespread damage. One of the many consequences of that storm was the temporary suspension of operations at Luis Munoz Marin Airport in San Juan, which is now 60% owned by Grupo Aeroportuario del Sureste SAB CV (NYSE: ASR), or ASUR. While the impact of the hurricane on that location weighed on ASUR's third-quarter passenger growth, the company more than overcame that issue thanks to the strength of its Mexican airports, once again led by Cancun.

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Q3 2017

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Source: Fool.com