The Pacific Airport Group (GAP) revealed that it participates in a tender to operate and administer 25 airports in Brazil and one in the Turkish and Caicos Islands, which would add to its expansion strategy.
“We continue in different bidding processes and of course, we are very interested in international expansion and we will continue to participate in tenders,” said Raúl Revuelta Musalem, CEO of the firm, within the framework of the ACI Airport Day Mexico.
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“In the tender for the Brazilian group it is large and are 25 airports, while Turkish Islands and Caicos is an airport, as well as the reality is that GAP is always participating in different processes and different tenders,” he said.
He said that there are airport operating groups in Brazil, “a country that has many regional airports and some very large airports such as Guarulhos, such as São Paulo, and those airports were already privatized.”
“If there was a triumph in the Brazilian process, we are talking about 20 million per year that will be added to the operations of the Pacific Airport Group,” he said.
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GAP has 12 concessions to operate, maintain and develop 12 airports in the central and Pacific region of Mexico and two international airports in Jamaica.
GAP shares have increased more than 46.98 percent in the New York Stock Market, according to ActivRader, the ActivRades Trading Platform.
The price of the Mexican company cost $ 229.16 in the stock market, when a year ago they quoted at $ 155,911.
“We are preparing a bond placement within approximately one month to be carried out in the Mexican Stock Exchange (BMV),” said the GAP CEO.
“When we are facing investment plans as large, as the one presented a few months ago of 60 billion pesos for the next 5 years, because it does not give you your own box and you necessarily have to go to the debt market to get money,” he said.
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“We have found in the debt market, through the stock market, a good option to bring money,” he added.
