OMA's non-aeronautical sales jumped 20% in 2016.
Wide-moat Grupo Aeroportuario del Centro Norte, or OMA, reported strong fourth-quarter earnings as political turmoil and a weakened peso did not deter air traffic at its airports. Domestic passengers, representing roughly 90% of the company’s traffic, increased 13.9% year over year to 4.3 million passengers. The passenger growth increased total revenue by 27.0% to 1.4 billion pesos. Thirteen air traffic routes opened during the quarter as the Mexican government continues to promote infrastructur...
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