Enrique Cantu

Enrique Cantu inquired about the drivers behind the decline in commercial revenue per passenger, the first contraction since early 2023, and OMA's strategy to re-accelerate non-aeronautical growth. He also asked if rising AG&E and utility costs, which eroded margins, are temporary or indicative of a structurally higher cost phase for 2026.

Answer

CFO Ruffo Pliego explained that the commercial revenue per passenger decline was due to one-time revenues in the prior year, expecting gradual increases in line with inflation going forward. Regarding costs, he noted specific pressures in cleaning and security but emphasized OMA's cost-conscious history and expectation that pressures would not be permanent, with alternatives being analyzed.

Enrique Cantu inquired about the main drivers behind the decline in commercial revenue per passenger and plans to re-accelerate non-aeronautical growth. He also asked if rising AG&E and utility costs are temporary or indicate a structurally higher cost phase.

Answer

CFO Ruffo Pliego explained that the commercial revenue per passenger decline was mainly due to one-time revenues recorded in the previous year, with expectations for gradual increases in line with inflation. Regarding cost pressures, Mr. Pliego noted specific pressures in cleaning and security from contract renewals and inflation, but stated OMA is analyzing alternatives to maintain cost control and does not expect these pressures to be permanent.