Mexican Airport Operator Stocks Have Performed Well This Year

The travel industry is one of the big beneficiaries of the revenge spending since consumers started traveling again from last year. Within the industry, many airlines have earned record revenues and profit for the first time since the pandemic. For instance, US-based carriers reported record Q4 earnings recently. Soaring travel to tourist destinations and also rise in business travel particularly between US and Mexico have helped the growth of Mexican airport operators.

The three US-listed Mexican airport operators have performed very well so far this year. The tickers are:

Grupo Aeroportuario del Pacifico SAB de CV (PAC)

Grupo Aeroportuario del Sureste SAB de CV (ASR)

Grupo Aeroportuario del Centro Norte SAB de CV(OMAB)

The chart below shows the year-to-date return of these stocks:

Click to enlarge

The following chart shows the 5-year returns:

Source: Google Finance

Disclosure: No positions

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