Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. a Buy?

Grupo Aeroportuario del Sureste, S. A. B. de C. V., frequently known as ASUR, holds significant agreements for the management, upkeep, and future expansion of numerous airports located in Mexico's southeastern territory. This includes overseeing nine different airport facilities situated in key cities such as Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company delivers a broad spectrum of services. Its aviation-related offerings encompass crucial elements like passenger processing, aircraft ground handling (including landing and parking), provision of jet bridges, and comprehensive airport security. In addition to these, ASUR generates revenue from various non-aviation services. These involve renting out commercial areas within its airports to a diverse range of occupants, including retail stores, dining establishments, and airlines. Essential support services such as catering, baggage handling, and surface transportation are also provided. Extending its global reach, ASUR is also responsible for the operation of the Luis Muñoz Marín International Airport in San Juan, Puerto Rico. Furthermore, it possesses operational rights through concessions for several airports across Colombia, notably major hubs like the Enrique Olaya Herrera Airport in Medellín and the José María Córdova International Airport in Rionegro. Other Colombian facilities under its management include Los Garzones Airport in Montería, Antonio Roldán Betancourt Airport in Carepa, El Caraño Airport in Quibdó, and Las Brujas Airport in Corozal. Founded in 1998, the firm's main administrative offices are located in Mexico City, Mexico.