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Aerostar’s Puerto Rico Earnings Rise 7.1% in Third Quarter Despite Revenue Drop

Published Oct 25, 2026, 6:50 PM ASTvia Sin Comillas

Earnings (EBITDA) from Aerostar’s Puerto Rico operations rose 7.1% in the third quarter, to 602.4 million Mexican pesos (about $32.3 million at the exchange rate), according to data from Grupo Aeroportuario del Sureste (ASUR), Aerostar’s parent company. Aerostar operates Luis Muñoz Marín International Airport under a concession held since 2013. ASUR’s total earnings, which include operations in Mexico and Colombia, grew 1.7%.

ASUR’s revenues in Puerto Rico fell 4.1% in the third quarter and 6.3% over the first nine months. Puerto Rico accounts for 5.8% of the company’s total revenue, which rose 18.9% in the quarter to 10,420.5 million pesos. Excluding construction services, Puerto Rico revenue declined 0.4%.

Non-aeronautical revenue dropped 5.2%, while aeronautical revenue rose 4.2%. Commercial revenue, which comes from car rentals, currency exchange, food and beverage, parking and similar activities, fell 5.2%. Commercial revenue per passenger fell 2.1% to $8.7 (163.3 pesos versus 166.8 pesos in the same period of 2025).

Seven commercial spaces opened at the airport last year: one duty free store, four retail shops and two restaurants. Operating costs and expenses fell 9.8%, and construction costs dropped 28.1%. Capital investment in Puerto Rico totaled 140.2 million pesos ($7.5 million), compared with 187.9 million pesos ($10.1 million) in 2025.

The airport received 3.2 million passengers in the quarter, 3.2% fewer than a year earlier: traffic from the United States fell 3.1% and international traffic fell 3.9%. In 2025, traffic hit a record 13.6 million passengers, up 3.0% from 2024.

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SourceSin Comillas

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